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Queen down to her last million due to courtiers’ overspending, report finds (Elizabeth II)
Daily Telegraph (UK) ^
| 12:01AM GMT 28 Jan 2014
| Steven Swinford
Posted on 01/28/2014 12:48:23 AM PST by Olog-hai
The Queens household finances were at an historic low with just £1 million left in reserve, MPs said on Monday. Her courtiers were advised to take money-saving tips from the Treasury.
A report by the Commons public accounts committee found that the Queens advisers were failing to control her finances while the royal palaces were crumbling.
MPs said her advisers had overspent to such an extent that her reserve fund had fallen from £35 million in 2001 to just £1 million today.
(Excerpt) Read more at telegraph.co.uk ...
TOPICS: Government; Miscellaneous; News/Current Events; United Kingdom
KEYWORDS: courtiers; elizabethii; overspending; queenofengland
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1
posted on
01/28/2014 12:48:24 AM PST
by
Olog-hai
To: Olog-hai
Let’s see how enforceable that tax levee is today...
2
posted on
01/28/2014 12:52:30 AM PST
by
Telepathic Intruder
(The only thing the Left has learned from the failures of socialism is not to call it that)
To: Olog-hai
Sounds like Downton Abbey.
3
posted on
01/28/2014 12:52:39 AM PST
by
2ndDivisionVet
(Jealousy is when you count someone else's blessings instead of your own.)
To: Olog-hai
"He said that repairing the royal palaces was a significant financial priority, and that the Royal household had
almost doubled its income to £11.6 million since 2007."
Interesting. I'm wondering what those sources of income are? I'd assumed that the royals mostly got their money from the Civil List via Parliament.
4
posted on
01/28/2014 12:54:16 AM PST
by
DemforBush
(A Repo Man is *always* intense.)
To: Olog-hai
Aren’t the crown jewels worth a couple billion?
I doubt the Royals are worried.
Comment #6 Removed by Moderator
To: Olog-hai
once upon a time in (Maggie T's) Britain; Queen Elizabeth,
was the rich wowan in the Western world.
7
posted on
01/28/2014 12:57:13 AM PST
by
skinkinthegrass
(The end move in politics is always to pick up a gun..0'Caligula / 0'Reid / 0'Pelosi)
To: Olog-hai
Too much of this.
8
posted on
01/28/2014 12:58:23 AM PST
by
Ken H
(What happens on the internet, stays on the internet.)
To: Olog-hai
WELL AT LEAST SHE EARNEDALL THOSE MILLIONS...I'M MEAN LEADING ENGLAND IN THAT LATE DESPERATE LIFE AND DEATH DUST UP AGAINST THE GERMANS AND ALL....WAS PRETTY GOOD....WAIT NO...THAT WAS....W.C. WHAT DID ALL THAT... I GUESS...
9
posted on
01/28/2014 1:00:01 AM PST
by
jimsin
To: Olog-hai
This is the government provided fund for upkeep of the royal family and its household.
Looks like the household accountants have been on a bit of a binge. Her majesty has been verty frugle but only has a million pounds left. OMG!
Time to sell Buckingham Palacio.
10
posted on
01/28/2014 1:00:32 AM PST
by
Candor7
(Obama fascism article:(http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html))
To: Olog-hai
Queen down to her last million due to courtiers overspending, report finds (Elizabeth II) Courtiers to blame?
So. The pound doesn't stop at the throne?
11
posted on
01/28/2014 1:16:43 AM PST
by
cynwoody
To: Olog-hai
Oh no! Now she will have to get a dirty clothes hamper, lowering Herself to wearing (shuddering), “used” undies and socks. Some one get her a glass of Great Value brand sherry before she faints.
Eyes rolling...
Debbi
12
posted on
01/28/2014 1:38:00 AM PST
by
hearthwench
(Mom, NaNa, always ornery)
To: Olog-hai
MATT DRUDGE @DRUDGE: Have an exit plan...
To: Olog-hai
14
posted on
01/28/2014 1:48:45 AM PST
by
iowamark
(I must study politics and war that my sons may have liberty to study mathematics and philosophy)
To: Berlin_Freeper
To: Olog-hai
Start taxing sugar and every piece of paper used for printing...
If that’s not enough then tax all imported tea...
Problem solved...
16
posted on
01/28/2014 1:55:43 AM PST
by
Vendome
(Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
To: Olog-hai
Coming from her World War II experience (as a mechanic), I've heard that Bess is pretty thrifty, but that it's Prince Chuck who likes to spend the dough like a drunken sailor.
17
posted on
01/28/2014 2:00:55 AM PST
by
Timber Rattler
(Just say NO! to RINOS and the GOP-E)
To: Olog-hai
Ideas to see the Royals through this “rough patch” ....
1. Rent out the Buckingham Palace courtyard for rock concerts.
2. Lease half of the palace itself to Station Casinos, and call it Palace Station East.
3. Put the Queen on an American-style 99-week unemployment program. It’s not like she’s ever worked.
4. Furlough all 3,000 maids, butlers, chefs, chauffeurs and gardeners on all but Saturdays.
5. Let the Royals experience the joys of rationed, socialized health care, just like the little people. No more private, high-end care... too expensive.
18
posted on
01/28/2014 2:03:20 AM PST
by
ScottinVA
(Obama is so far in over his head, even his ears are beneath the water level.)
To: Timber Rattler
Well, they always said the Kennedy mob was “American Royalty,” and they pissed away all the money Papa Joe made/stole and left for them.
19
posted on
01/28/2014 2:05:23 AM PST
by
abb
To: ScottinVA
Sell Dumbo (Prince Charles) to the circus
AND OR
Bring Camilla out6 of retirement and enter her in some races
20
posted on
01/28/2014 3:34:46 AM PST
by
Cheapskate
(Play loud and carry BIG sticks!)
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