The significant event of the Glorious Revolution in England occurred in 1688 when King James II was deposed and replaced by William of Orange and his wife, Mary II. This bloodless coup was largely a response to King James II's Catholic faith and his attempts to increase royal power, which alarmed Protestant factions. The Glorious Revolution established the supremacy of Parliament over the monarchy, leading to the drafting of the Bill of Rights in 1689, which limited the powers of the king and laid the foundation for a constitutional monarchy. This event is pivotal in establishing modern parliamentary democracy in England.