The Queen and the Royal Family face a $44 million shortfall but the Palace claims 'no intention' of asking the public for more money
The Royal Cost
For 2019-20 the “core” Sovereign Grant of £49.4 million pays for the Royal Family’s official travel, property maintenance and the operating costs, putting the price of the Queen and the Royal Family at $0.94 per person in the U.K, according to the filed accounts. The Sovereign Grant is funded by the profits from the Crown Estate, a Royal portfolio of property and land that includes some of London’s best-known streets. The Crown Estate pays its profit to the Treasury for the benefit of all U.K. taxpayers. The Royal Family then receives a percentage of the income from the Crown Estate back from the British government as the Sovereign Grant.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Queen Elizabeth II to trim costs as royal family faces $45 million hit from coronavirus pandemicBritain’s Queen Elizabeth II and her family are facing a 35 million pound ($45 million) hit from the coronavirus pandemic, partly due to a shortage of tourists.
Weiterlesen »
British royal family faces nearly $45 million shortfall due to the coronavirusThe British royal family is facing a £35 million ($44.5 million) hit to its finances as a result of the coronavirus pandemic.
Weiterlesen »
Parenting, Baby Names, Celebrities, and Royal News | CafeMom.com
Weiterlesen »
Parenting, Baby Names, Celebrities, and Royal News | CafeMom.com
Weiterlesen »
Parenting, Baby Names, Celebrities, and Royal News | CafeMom.com
Weiterlesen »