20 January 1265: England’s first parliament is held at Westminster

On this day in 1265, rebel baron Simon de Montfort held a parliament in Westminster, which for the first time in England, included representatives of the citizenry.

Mediterranean islands don't come cheap – that's as true today as it was in the 13th century. And King Henry III wasn't after just any island for his younger son, Edmund. He wanted the biggest of them all: Sicily. Sicily was ruled by the son of the late Holy Roman Emperor, who had fallen out with the Pope. If Henry would lend a hand in turfing out the troublesome Germans, said the Pope, the island was his. Just so long as Henry didn't mind covering the Papal expenses incurred in the quarrel.

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Chris Carter
Wealth Editor, MoneyWeek