The English invented the rule of law. To this day they’re better at it than the rest of the world, including many English-speaking peoples who have borrowed this stuff.
Like many financial agencies across the globe, U.K. authorities have ended up with big chunks of money in settlements with misbehaving banks. The so-called Libor settlement alone netted the Chancellor of the Exchequer the equivalent of a billion bucks. What to do? As the Wall Street Journal reports, the British government decided to give the money away, to a group that’s re-enacting the Battle of Agincourt and to other worthy causes: