Financial management, the domestic economy and overseas trade

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Financial manaagement, the domestic economy and overseas trade

H had inherited a bankrupted throne yet had to pay for the ordinary expenses of Gov.
V. difficult in the early years: royal finances were unable to fund the extraordinary expenses of the king's coronation and marriage, his royal progress or to defeat Lovell in 1486.

Financial management and the wealth of the crown 

Sound financial management underpinned H's gov- he needed steady and secure income for two key purposes:
1)To fund the ordinary and extraordinary expenses of gov
2)To continue his centralisation of power and discipline of the realm

Inhertied bankrupted throne, but bequeathed a solvent treasury which is clear eveidence of competent financial management
some historians critise H for being a greedy


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