Hmm for starters she can appoint the Prime Minister, however traditionally she will appoint the individual commands the support of the majority of the House of Commons.
She can Dissolve Parliament.
She has the Royal Perogative
She is the Head of the Church of England.
She is the 'fount' of Justice, that is to say that although she does not prosecute cases personally, that ALL cases are tried in her name. You may have noticed that all Criminal Law cases are entitled Regina V whatevername, even if you are the person that has had items stolen etc. Basically it is The Queens Law in The Queens Country.
I believe, though I haven't found the relevant article, that she theoretically owns all of the UK, its something about the title granted to you to own the land is granted by her.
She is also Head of The Armed Forces.
Commmon Law also states that she cannot be prosecuted for any offences.
She can grant pardons to Prisoners.
She (and her predecessors) can and have created all titles and honours.
She is Head of the Commonwealth and Queen of Canada, Australia and New Zealand
Although a lot of her powers are Constitutionally devolved to the Prime Ministers and Parliaments of Her realms, she is in effect probably one of the most powerful people on the planet and I suspect that she has been a calm voice of reason and experience over the 60 years of her reign.
These are just a few the things she can do, there are probably a hell of a load more.
But apart from that, you carry on thinking she doesn't do much.
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