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Encyclopedia > Keeper of the Privy Purse

The Keeper of the Privy Purse and Treasurer to the Queen is responsible for the financial management of the Royal Household of the Sovereign of the United Kingdom. In all the medieval monarchies of western Europe the general system of government sprang from, and centred in, the royal household. ... The adjective sovereign is used to refer to a state of sovereignty. ...


He is assisted by the Deputy Treasurer to the Queen for the management of the civil list, and the royal palaces presentation fund. The Director of Finance also has charge of financial management of all funds covered by civil list and grant-in-aid. A civil list is a list of individuals to whom money is paid by the government. ... Funds granted by Parliament for specific purposes and allocated to specific government departments or agencies. ...


He is assisted by the Deputy Keeper of the Privy Purse for semi-private concerns, such as racing stables, the Royal Philatelic Collection, Royal Ascot, the Chapel Royal, Page of Honour, Military Knights of Windsor, Royal Maundy, the Royal Victorian Order, grace and favour apartments, and the Duchy of Lancaster. These are funded from the Privy Purse, which is drawn largely from the Duchy of Lancaster. The Royal Philatelic Collection is the postage stamp collection of the British Royal Family. ... Ascot Racecourse is a racecourse, located in the village of Ascot in the English county of Berkshire used for thoroughbred horse racing. ... The Chapel Royal did not originally refer to a building but an establishment in the Royal Household. ... While a page is a comparatively low-ranking servant, a Page of Honour is a chilvalric and ceremonial position in the Royal Household of the Sovereign of the United Kingdom. ... Retired military officers who receive a pension and accommodation at Windsor Castle, and who provide support for the Order of the Garter and for the services of St Georges Chapel, Windsor Castle. ... The annual distribution of alms to the poor by the Sovereign of England has evolved over time into the maundy service of the Sovereign of the United Kingdom. ... Victoria founded the Royal Victorian Order. ... A not-so-nice duchy. ... In the past, the UKs Civil Government day-to-day costs were paid for by the Sovereign under normal circumstances, the monies in this Public Purse being raised by from the income of the Crown Estate lands and holdings. ... A not-so-nice duchy. ...


The Keeper of the Privy Purse meets the Sovereign at least weekly. The adjective sovereign is used to refer to a state of sovereignty. ...


The current Keeper of the Privy Purse and Treasurer to the Queen is Alan Reid. Keeper of the Privy Purse and Treasurer to the Queen, in the Royal Household of the Sovereign of the United Kingdom. ...


  Results from FactBites:
 
Privy Purse - Wikipedia, the free encyclopedia (692 words)
As the role of the government increased in the 18th century, the Public Purse was increasingly unable to raise enough to fund the development of the country.
The Privy Purse is the Sovereign's remaining private income, mostly from the Duchy of Lancaster.
A member of his staff is the Keeper of the Royal Philatelic Collection, the most comprehensive collection of UK and Commonwealth postage stamps in the world, formed from the private collections of George V and other members of the Royal family.
  More results at FactBites »


 

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