The Exchequer: A Central Financial Institution of England from the 12th Century

The Exchequer was the central financial institution of England from the 12th century until 1885, responsible for collecting taxes and managing the government's finances. It was established by King Henry I in 1109 and was responsible for collecting revenue from the royal estates, as well as from the crown lands and other sources. The Exchequer also had jurisdiction over legal matters related to finance and accounting.

In 1885, the Exchequer was merged with the Audit Office to form the Office of the Paymaster General, which is now known as HM Treasury. Today, the term "Exchequer" is still used in the UK to refer to the government's financial operations and the collection of taxes.

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