Showing posts with label royal finances. Show all posts
Showing posts with label royal finances. Show all posts
Thursday, May 04, 2023
The Coronation: King Charles's Finances Unpacked
Sunday, June 21, 2015
”We’re All In This Together”: Queen's Finances Are Safe from Cuts for Two Years
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| Queen Elizabeth II |
The Queen will not face any cuts to royal finances for at least another two years despite an 11 per cent increase in her income, The Telegraph has learnt.
In the two years since the Civil List was replaced by the Sovereign Grant, the Queen’s taxpayer-funded income has shot up from £36.1 million to more than £40 million.
Campaigners have demanded that David Cameron and George Osborne, who set up the current funding formula, should carry out an immediate review so that the Royal family can make their own contribution to the Government’s austerity measures.
But royal sources have insisted the money is needed to continue with a backlog of repairs to the royal palaces, and gave a strong indication that any proposed cuts would be resisted. » | Gordon Raynor, Chief Reporter | Sunday, June 21, 2015
Saturday, February 09, 2013
The Queen’s closest aides face the prospect of a historic public grilling by MPs about whether the Royal Family is providing value for taxpayers’ money.
Parliament’s most powerful watchdog, the Public Accounts Committee, is expected to launch an inquiry later this year into the finances of the Queen and the Royal Family. This follows a change in the law which, for the first time, gives MPs oversight of royal finances.
Such an inquiry will cause trepidation in Buckingham Palace because of the committee’s formidable reputation for lambasting civil servants and government departments if it deems they have misused public funds. Read on and comment » | Oliver Wright | Saturday, February 09, 2013
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