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

Monday May 2018

Swan & Pen Society, University of Buckingham

Open to the public

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David Lough to speak on Brendan Bracken

David Lough will reveal the full extent of Brendan Bracken’s services to Winston Churchill as his ‘honorary man of business’ during a talk at the Brendan Bracken Library on Friday 16 October. Bracken negotiated many deals for Churchill and organised two important financial rescues when his debts and tax bills threatened to engulf his political […]

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