Method 1 - Reduce expenditure

Cards (4)

  • Royal household amounted to $260000 per annum which is 40% of royal income causing Charles to reduce it
  • Charles made limited reform as he didn't want to alienate the court but he followed a neutral foreign policy and kept out of the 30 years war
  • Due to the neutral policy, England benefitting from increased trade with Spain and Baltic nations during war at the expense of the united Provinces
  • Customs duties rose and all this meant that by 1637, the crown was virtually solvent