No More Champagne


‘An understated triumph of the biographer’s art’

 Derek Turner, Chronicles, The Magazine of American Culture


‘Reads as effortlessly as a novel … [it] may become a classic’

 Tim Congdon, The New Criterion


Critics on both sides of the Atlantic have acclaimed David Lough’s No More Champagne: Churchill and His Money, the first full, lifetime narrative of Winston Churchill’s precarious private finances. The Times, Wall Street Journal, Daily Mail and Guardian listed the book among their ‘books of the year’ for 2015; it was shortlisted for the Longman-History Today Book of the Year Prize 2016.


Churchill lived for most of his life on a financial cliff edge. The popular image may be of champagne and cigars; behind the scenes, his friends and family came to the rescue several times to prevent his financial problems from engulfing his political career. Only fragments of this story had previously emerged. A retired banker and history scholar of Oxford University, David Lough, has unearthed new material and tells the fascinating story of Churchill and his finances for the first time.


Find out more about the book, David’s background, his schedule of events – and how to order a copy with a dedication from the author in either hardback or paperback.


“For ages I have been puzzled by the odd bits information, often contradictory, that have emerged about Churchill’s money problems. I was surprised to find that no one had written about the subject properly before – but even more surprised by the story that emerges from my research. It is richer than I had dared hope…”

News & Events

Next Event

Tuesday November 2017

The Wealth Management Association

By invitation

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Grants Interest Rate Observer on Churchill’s ‘reverse Midas touch’

‘Wonderful, engrossing, nightmarish’ Winston Churchill’s ‘reverse Midas touch’ Each attendee at the fall conference of Grant’s Interest Rates Observer in at the Plaza Hotel in New York on Tuesday 10 October will receive a presentation copy of David Lough’s No More Champagne: Churchill and His Money.  Reviewing No More Champagne in May this year, the iconic Wall Street […]

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