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To: AZJeep
Supposedly, the monarchy is a money-spinner in tourism revenue for Britain that more than offset the public budget devoted to the institution. That is one of the reasons why even the radical Left grudgingly reconciled themselves to its continuation.

As for the monarchy's finances, the late Queen had a reputation for thrift and closely monitored the family books. Decade after decade of that can add up, with much of it though quickly passed on via gifts and trusts for her family. Ole' Liz and her advisers knew that large personal accumulations of cash and equities were to be avoided lest they inspire public resentment and controversy.

22 posted on 09/10/2022 1:59:11 AM PDT by Rockingham
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To: Rockingham

Charles is the same way as his mother in this respect. He’s basically cutting back on whom can receive the royal allowance to just those who are in position to assume the throne, which is basically I think, Prince William and possibly Prince Harry.


25 posted on 09/10/2022 2:11:55 AM PDT by Jonty30 (Some men want to watch the world burn. It is they that want you to buy an electric car.)
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