Posted on 07/05/2010 11:41:42 AM PDT by Willie Green
Costs Down 7 Percent From 2008-2009
LONDON -- Like millions of her subjects, Queen Elizabeth II is going to have to make do and mend - cutting spending and putting off palace repairs as royal finances are squeezed by Britain's budget crisis.
Accounts published Monday by Buckingham Palace reveal the total public cost of supporting the monarchy was 38.2 million pounds ($57.8 million) in the year to March 31, the equivalent of 62 pence (94 cents) per person. The total is more than 3 million pounds less than in 2008-2009.
Britain's public sector is facing cuts as the government tries to eliminate a record deficit, and Alan Reid, Keeper of the Privy Purse, said the royal household "is acutely aware of the difficult economic climate" and will be cutting costs and putting off essential maintenance.
The 84-year-old queen receives 7.9 million pounds of public money each year to pay for staff and other costs, an amount that has not risen in 20 years. The accounts show also drew an extra 6.5 million pounds from a reserve fund built up over the years by saving portions of her allocated budget.
(Excerpt) Read more at click2houston.com ...
The article is polite enough, but neglects to mention the fact that IT’S HER MONEY.
All of the Queen’s income comes in lieu of income from the Crown Lands. She could spend it all on hats and it would be none of our business.
Does anyone know the numbers for King ZERO?
She’s a better deal than Obama..and a lot nicer!
Why not replace the royal family with Miss England or a bunch of “Page Three” girls? They can perform the same services for a lot less and look a whole lot better doing it.
Then we won’t be forced to listen to “Jug Ears” on global warming and how wonderful Islam is.
“Like millions of her subjects, Queen Elizabeth II is going to have to make do and mend - cutting spending and putting off palace repairs as royal finances are squeezed by Britain’s budget crisis.”
Bull Freakin’ Sh*t!!! She’s one of the richest people in the world.
“She’s a better deal than Obama..and a lot nicer!”
Maybe it’s just good PR. We’re ruled by Obama, might as well be ruled by the Queen.
Well i´m not british and i don´t care why they have still a “king” or something like that . But then again it´s their country. If all people would be this opposed against spendig 1$ a year for “her majestry” then they would change the system. Not that this would make any difference in the overal UK. (There would be no tax brakes if they would abadon the “queen”). Ok if they would be real serious you would get this single dollar back at the end of the year (will never happen). But at the end would you really care that now you are “allowed” to spend 1$ more every year?
I'd like to hear the views from some of the old spend-a-holic kings, a couple of the Henrys come to mind, with regard to the idea that the queen *receives* public money for staff and that there is a reserve fund built from saving *portions of her allocated budget*. In the old days, the monarch spent whatever he damn well felt like and thensome, there was no "public" money, it all belonged to the Crown!
Now, the American in me, the one who threw off the notion of a monarchy with the Dads way back when, would like to see our own Congress live under a budget that hasn't been raised in twenty years. Yeah, that'll be the day.
If you look at the costs of running the White House its in the billions.
Queen Liz is a genuine bargain for the UK. But her son Charles is a terrible nuisance.
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