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 long-term banking privileges including the issue of notes. The Royal Charter was granted on 27 July through the passage of the Tonnage Act 1694. The Bank of England was founded 12 years after the Exchequer Stop - the actual consequence of the Exchequer Stop, at the time, was that banks such as Hoare's bank emerged - where the gold was physically kept on the premises rather than being entrusted to the government. Hoare's bank still exists to this day. Public finances were in so dire a condition at the time that the terms of the loan were that it was