Warden of the Mint Master of the Mint whose jobs was act as a contractor to the crown many wardens advanced later on to become Master of the Mint with some wardens holding both offices at the same time. The most illustrious holder of the office of Warden of the Mint was Isaac Newton, who was warranted to this position on the recommendation of his friend, Montagu, Chancellor of the Exchequer in 1698. In 1699 however, Newton undertook the office of Master of the Mint, which was far more lucrative, as well as potentially more technically challenging. After the death of the final warden
Royal Mint struggled to become profitable as the Western world fell into a deep recession during the early 1970s. To combat a rising national debt, the mint was established as a trading fund on 1 April 1975 which required it to become self-financing. This measure proved successful and the mint started to become profitable through heavy exports.To allow for more financial freedom and better management the mint became an Executive Agency in April 1990. During the 2008 global financial crisis, a rescue package costing £500 billion was announced to help stabilise Britain's banking system. This led to fear that the government would