Henry and the economy Flashcards
Which source of revenue failed to bring in as much revenue as Henry VII wanted?
Parliamentary grants
How much did revenue increase from 1485-1509?
£12,000-£40,000
What was the most important development in the financial administration?
The Privy Chamber
What remained under control of the Exchequer?
Custom duties and accounts of sheriffs
How many parliamentary grants were granted during Henry VII’s reign?
8
Who was second in importance to the Treasurer of the Chamber?
Groom of the Stool
What were the traditional parliamentary grants?
The Fifteenth and Tenth
Who were responsible for administering bonds and recognisances?
Council Learned in the Law
In trade what did parliament grant Henry VII for life?
Tunnage and poundage
When did receipts from bonds and recognisances rise from 3,000 to 35,000?
1493-1505
