[MoF] Bank of England - Financial Report 25th-31st May
Bank of England
The Books
Treasury: £249,043 --> £319,788 (as of 31st May, 10.06pm)
Tax Income: +£83,771 (-£664 compared to last week)
MPP Fees: -£20,000 (Turkey & Belarus)
MM Interest: +£4,466
Evenin’ gents o7,
A mixed week for the treasury as whilst our tax income has fallen we’ve had 9 less MPPs to renew. We’ve also passed the £300,000 benchmark which triggers the Woldy’s Angel’s Act that will pass £100,000 to a trusted citizen to look after.
Onto the graph:-
Now excluding our shiny ex-Belgian taxpayers
Bank of England Trust
Gold is predictably falling further down in value, dropping £12 to £265 from last week’s average of £277. Happily we weren’t caught in the woes of many a trader and clawed a modest £4,466 back on our loan.
Given the drop of nearly £80 in the value of gold from when the Bank put up our trade offers on the market I doubt it would be sensible to renew a further trade cycle.
Military Unit Suppliers Rebate
The Speaker has kick-started a Rebate Committee which will discuss the statutory process of reimbursement for military unit suppliers to be repeated each month. This shouldn’t be too much of a burden on our coffers, potentially returning £300/400 a day in taxes to the people that help keep our players well supplied.
Organisation Loans
There are four orgs left available to loan for your transactions on the monetary market when you’ve exceeded your player 10g limit. If you’re interested drop me £1k and I’ll message you the login details.
Available Orgs
-Royal Navy Advertee Unit
-UK Army VI
-UK Army VII
-UK Army VIII
Kind regards from the ebil taxman o/
Appleby
Minister of Finance
Comments
First denied
The country may have lost money due to the Hero comp I know I haven't worked my mines this week .
Slacker.
I been in the trench's winning gold
A fine report - well done!
Voted and endorsed.
Pretty graphs are pretty