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The impact of Huguenots and other Protestant immigrants

The economic and religous impact the Walloon and Huguenot immigrants had on England

The Huguenots had a huge economic impact on Britain. They revitalised the silk weaving trade, kick-started various manufacturing industries, such as cutlery making in Sheffield, and invested heavily in growing businesses.

The skills and energies of Huguenot played an important part in the transformation of Britain into Europe’s major industrial power. Many Huguenots joined the armed forces, with some even rising to the highest officer positions.

Image depicting the founding of the Bank of England.
Figure caption,
The founding of the Bank of England

Just as and Dutch had kick-started the growth of manufacturing in the Middle Ages , Walloons and Huguenots played a key part in the move to a economy based on banks, credit, stocks and shares. Huguenots were key investors in the Bank of England and its first Governor was descended from Huguenot immigrants. They were also at the heart of the growth of capitalism. The Bank - and the creation of the National Debt - meant that the government could borrow money to fight wars that enabled the British Empire to grow and protected the Atlantic for slave ships and the plantation system.

Walloons, Huguenots and later Jews were allowed to have their own places of worship. At that time the same freedom was not allowed to English or . However, the allowances given to and Jewish paved the way to similar freedoms for other groups and helped make British society more open to religious differences.

Over a few generations, Huguenots integrated well into British society. Up to a quarter of Londoners may have some Huguenot ancestry. Huguenot fashions and styles, influenced by their own craftspeople, became fashionable.

Revision task

‘Britain welcomed Protestant immigrants in the period between 1500 and 1750 and they brought benefit to the country’. How far do you agree with this statement?

Go through this guide and make a list of all the examples you can find that support the statement, ie examples of a welcoming Britain.

Then go through and list all the examples you can find that oppose the statement, ie examples of an unwelcoming Britain.

How far do you agree with the statement, and why?