Royal Bounty Fund
Encyclopedia
The Royal Bounty Fund was originally set up in 1782 by Edmund Burke
. The operation of the fund was always shrouded in secrecy. Gifts, grants and pensions were paid out from the fund under the patronage of the prime minister and no accounts were ever published. From as early as 1802 Treasury official expressed concerns about the operation of the fund but it was not until 2002 that it was eventually wound down by Tony Blair
.
Edmund Burke
Edmund Burke PC was an Irish statesman, author, orator, political theorist and philosopher who, after moving to England, served for many years in the House of Commons of Great Britain as a member of the Whig party....
. The operation of the fund was always shrouded in secrecy. Gifts, grants and pensions were paid out from the fund under the patronage of the prime minister and no accounts were ever published. From as early as 1802 Treasury official expressed concerns about the operation of the fund but it was not until 2002 that it was eventually wound down by Tony Blair
Tony Blair
Anthony Charles Lynton Blair is a former British Labour Party politician who served as the Prime Minister of the United Kingdom from 2 May 1997 to 27 June 2007. He was the Member of Parliament for Sedgefield from 1983 to 2007 and Leader of the Labour Party from 1994 to 2007...
.