How the collapse of Holgate's Bank changed the future of Burnley

THREE pictures this week and of an area of Burnley which the more mature reader will probably remember very well. I may not need to tell you we are in Gunsmith Lane, as it was before this part of town was redeveloped in the 1960s and '70s.

The first picture shows the huge Rishton Mill, once one of the town's largest cotton spinning mills. It was built by the Foulds (or Folds) family, probably in the 1840s, and run by the brothers Obadiah and James Foulds, who also ran Trafalgar Shed, in Trafalgar Street, as a weaving operation.

Rishton Mill was one of the industrial buildings associated with a significant period of commercial growth in Burnley.

 

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