History Henry VII Finance

• By the end of his reign, Henry was collecting an annual income of some £110,000 compared to the £65,000 that Edward IV had obtained.
• Henry wished to put a significant financial distance between himself and his nobility.
• Reginald Bray was appointed to oversee the Duchy of Lancaster and increase revenue in this area.
• Under Edward IV crown lands had brought in £29,000 per annum but under Henry they amassed £42,000 per annum.