Tom Holland

This episode is brought to you by Lloyd's Business and Commercial Banking.

One of the great things about finance is that it may result in you having to pay tax.

And this was a constant grumble in Anglo-Saxon England, which was the most heavily taxed country in the whole of Christendom.

And just when the Anglo-Saxons thought it couldn't get any worse, they got conquered by King Canute.

And Canute imposed a tax rate that was effectively...

100%.

Yeah, well, that was one very big change, Tom.

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Search Lloyd's business accounts to find out more.

At dusk, all lights were put out and the troops rested for the ordeal at dawn.

It was a beautiful calm night with a bright half moon.

As the moon waned, the boats were swung out, the Australians received their last instructions, and men who six months ago were living peaceful civilian lives began to disembark on a strange, unknown shore in a strange land to attack an enemy of different race.

The boats had almost reached the beach when a party of Turks entrenched ashore opened a terrible fusillade.

The Australians rose to the occasion.

They did not wait for orders or for the boats to reach the beach, but sprang into the sea, formed a sort of rough line and rushed the enemy's trenches.

Their magazines were uncharged, so they just went in with cold steel.

I have never seen anything like these wounded Australians in war before.

Though many were shot to bits, without hope of recovery, their cheers resounded throughout the night.

They were happy because they knew they had been tried for the first time and had not been found wanting.