Chancellor of the Exchequer of the Lord Chancellor (as seen in several of the portraits depicted below). In recent times, it has only regularly been worn at Coronations, but some chancellors (at least until the 1990s) have also worn it when attending the Trial of the Pyx as Master of the Mint. According to George Osborne, the robe (dating from Gladstone's time in office, and worn by the likes of Lloyd George and Churchill) 'went missing' during Gordon Brown's time as chancellor. Although the Kingdoms of Great Britain and Ireland had been united by the Acts of Union 1800 (39 & 40 Geo. III
Stop of the Exchequer to be serviced at a rate of 8% per annum, and there was also a service charge of £4000 per annum for the management of the loan. The founding of the Bank of England put an end to defaults such as the Great Stop of the Exchequer. From now on, the British Government would never fail to repay its creditors. Kenyon argues that the Stop was a failure simply because it had never been tried in England before. The French and Spanish Governments periodically repudiated their debts without undue difficulty; but from the time of Elizabeth I the English Crown