| GRESHAM | Thomas, English financier who founded the Royal Exchange in London in 1568 (7) |
| SCANDELLO | Antonio ___, Italian composer, born in Bergamo, who in 1568 became Kapellmeister at the court of the Electors of Saxony in Dresden (9) |
| EFFETE | Decadent English financier's first associated with gala (6) |
| ENGELS | English financiers beheaded communist (6) |
| BATTLEFIELD | Area of Glasgow named after a 1568 civil-war conflict (11) |
| REUTERS | News agency founded in 1851 at the London Royal Exchange (7) |
| NINETTE | ___ de Valois, Irish-born British choreographer who founded the Royal Ballet (7) |
| BEECHAM | Conductor who co-founded the London Philharmonic Orchestra with Malcolm Sargent and founded the Royal Philharmonic Orchestra (7) |
| REDNESS | Show of embarrassment at the Royal Exchange sends it out (7) |
| WAPPING | Start off from exchange in London area (7) |
| EPSTEIN | Financier who had an oil painting of Bill Clinton wearing a blue dress lounging on a chair in the Oval Office |
| REBECCA | Actress whose father founded the Royal Shakespeare Company (7,4) |
| REACTOR | Royal Exchange player, one to respond to stimulus (7) |
| PELLATT | Canadian financier who had Toronto heritage landmark Casa Loma built, Sir Henry _ (b.1859 - d.1939) |
| TREE | Herbert Beerbohm - - -, actor and theatre manager who founded the Royal Academy of Dramatic Art in 1904 (4) |
| PETERHALL | British theatre director who founded the Royal Shakespeare Company in 1960 (5,4) |
| HAIG | Commander-in-chief during the Battle of the Somme who co-founded the Royal British Legion (4) |
| ANDREWMELLON | American financier who was the US secretary of the treasury 1921-32 (6,6) |
| THOMPSON | Physicist Count von Rumford who co-founded the Royal Institution (8) |
| WREN | Sir Christopher -; polymath who co-founded the Royal Society (4) |
