Henry VII - How did Henry improve the administrations finances? - RG2 Flashcards
One of the key developments of Henry’s reign was the emergence of what?
Committees of the council
What was the role of committees of the council?
To deal with specific matters of policy
Give two examples of committees of the council?
The council learned of the Law
The Star Chamber
At the start of his reign, who did Henry allow to take control of his finances?
the Treasury and the Exchequer
Give a problem with the Treasury and the Exchequer when they took control of Henry’s finances?
They were inefficient and clumsy
Henry dealt with the administration of finance from his private rooms in the palace from which year onwards?
1487 onwards
Henry dealt with the administration of his finances from which two private rooms in the palace?
The Chamber and Privy Chamber
Give an example of an institutional reform which involved Henry’s finances?
Court of Audit to monitor to monitor government spending
Describe Henry’s financial policies?
They were cautious and realistic
How did Henry ensure that the crown was in a stable financial situation?
He avoided expensive foreign wars
He exploited his legal rights to claim special payments from his nobles
Give two things that Henry had ensured financially by the end of his reign?
Henry had ensured that the crown had built up enough annual income to meet its commitments and that money was carefully accounted for