In April 1934 the British General Staff discussed a proposal put forth by General Sir Hugh Elles of the Royal Tank Corps that covered the specs for an "Infantry" tank, well protected, with a machine gun as armament and go as fast as infantry on foot. Sir John Carden led the design team.
Named after a cartoon duck. Another source says that Matilda was the original code word for the tank that was in the proposal created by John Carden.
The steering, brake and clutches were adapted from the Vickers light tanks.
Costs were kept down by using a commercial Ford engine and transmission.
Engine was at rear which drove sprockets that were also at the rear of the tank.
The turret was cast.
The crew was limited to 2 because of severe cost restrictions, and thus there wasn't enough in the budget for 2 in the cast turret.
The body of the Matilda was riveted.