Winston Churchill

Churchill was born into the aristocratic family of the Dukes of Marlborough, a branch of the Spencer family. His father, Lord Randolph Churchill, was a charismatic politician who served as Chancellor of the Exchequer; his mother, Jennie Jerome, was an American socialite. As a young army officer, he saw action in British India, the Sudan, and the Second Boer War. He gained fame as a war correspondent and wrote books about his campaigns.

At the forefront of politics for fifty years, he held many political and cabinet positions. Before the First World War, he served as President of the Board of Trade, Home Secretary, and First Lord of the Admiralty as part of the Asquith Liberal government. During the war, he continued as First Lord of the Admiralty until the disastrous Gallipoli Campaign caused his departure from government. He then briefly resumed active army service on the Western Front as commander of the 6th Battalion of the Royal Scots Fusiliers. He returned to government as Minister of Munitions, Secretary of State for War, and Secretary of State for Air. After the War, Churchill served as Chancellor of the Exchequer in the Conservative government of 1924–29, controversially returning the pound sterling in 1925 to the gold standard at its pre-war parity, a move widely seen as creating deflationary pressure on the UK economy. Also controversial were his opposition to increased home rule for India and his resistance to the 1936 abdication of Edward VIII.