FLIP LEARNING TASK: Using what you have learnt this lesson, come to a conclusion about the following statement: ‘Henry had nothing to fear from the nobility’ You should think about evidence both for and against this statement. At the end of last lesson you were given this independent learning. Its now time to see what you have come up with. We are going to hold a debate in which everyone will need to contribute. One side will argue that it had nothing to fear and the other will say he did. As we go through you mush check your answers and add anything that you have missed in green pen.

How well did Henry VII build up his control over his country? Good learning: Understand the changes Henry VII made in relation to finances. Great learning: Explain how Henry VII increased his royal income Even better: Evaluate how successful and innovative Henry’s financial policies were Key Word: In what ways and how effectively was England governed during this period?

Lets discuss… Task: 1. This shows Henry VII’s monograph against every entry of the accounts from the Treasurer of the Chamber What might this suggest about HVII’s approach to finance? 2. Why does Henry VII need money? Use the following points to discuss: Personal – what’s he got to pay for Policies – what does he need to fund / finance Power – how does money link with his ‘power’

Write down in order of importance and explain your order Why did Henry VII need financial solvency? Instability Money could be used to tackle any threats Rebellions – needs money to put them down Power For Henry power, the extension of power and money all went together He told Henry Wyatt ‘the kings my predecessors, weakening their treasure, have made themselves servants to their subjects’ Henry wanted to make the crown financially independent of Parliament, so he didn't have to rely on Parliament granting him sums of money. Succession Henry also wanted to leave his successor a full treasury to ensure that he would have the means to fight for his succession if necessary. Task: Write down in order of importance and explain your order

So what changes to government were made? 12th Century: Finance had been dealt with by the Exchequer Receive, store and pay out money, audit accounts Complex hierarchy of official to avoid corruption = slow!! Yorkist King’s Chamber system: Informal and flexible (because it is new) Based on systems used by nobles on their estates King’s Chamber dealt with the King’s finance (control) First 2 years of HVII reign, not experienced enough to carry this on (goes back to the exchequer) So focused on security he neglected his estates Richard III reign estates = £25,000 vs. 1486 = £12,000 1487: Restored the Chamber system 1490’s: handling annual turnover of £100,000 (£4 million) Dealt with all income apart from custom duties (Exchequer) Privy Chamber became the National Treasury from 1487 Deal with private expenditure Groom of the stool becomes 2nd important to treasurer Head of finance: Treasurer of England (theory) vs. Treasurer of the Chamber (reality) Used trusted Councillors (Sir Reginald Bray) to regularly audit government spending.

ORDINARY = 50 words per hexagon! EXTRAORDINARY = 30 words per hexagon So where did Henry VII get his income from? King were expected to ‘live off their own’. HVII swore to do this in his coronation. This meant they had to manage their regular income. Task: You have been given an A3 sheet, one side covering Ordinary Revenue, the other covering Extraordinary revenue. Firstly, using pages 22-23, you will fill in one side of the sheet, where you can only use: ORDINARY = 50 words per hexagon! EXTRAORDINARY = 30 words per hexagon Secondly, you will teach the other side of the class what you have learnt!

How convincing is this interpretation in relation to Henry VII’s financial policy? Task: Stick in the middle of your pages. Read through and highlight the different arguments. Annotate around the edge the arguments you find convincing in one colour and anything not in a separate colour OPTIONAL could miss out if don’t have time

Overall, how successful and innovative were Henry’s financial policy? Not very successful Very successful Post its to stick on

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Your tasks for next lesson are as follows: FLIP LEARNING TASK: On the blog there is a sheet that looks at what Europe was like in 1485. You will need to revise and learn this for next lesson. You might even want to create your own version! Also, using the information on page 28, write down what Henry’s problems are in terms or foreign policy and also what his aims were. Your tasks for next lesson are as follows:

HVII: Extraordinary Revenue

HVII: Ordinary Revenue