What factors led to the British Monarchy losing their governing power? Also, what led them to preserving the monarchy despite having not "functional" purpose?

by demeuron

Just to clarify the second question: I know that in modern times the monarchs almost act as ambassadors, and bring in a lot of revenue in tourism and other forms. Im trying to find out if there was ever a point in history in which it dawned upon the monarchs that they were "useless", and tried to find ways to retain their relevancy.

Searocksandtrees

hi! you may be interested in this section of the FAQ (link on sidebar):

How has the power of the British monarch changed over time?