tomcatwarneOPOcean City, Plumouth, Devon, England UK17,106 posts
Even the Queen is having trouble managing her budget in austerity Britain. Last month it was revealed that Queen Elizabeth II’s rainy day fund was down to its last million.
A report by the Public Accounts Committee revealed the Queen’s advisers were failing to control her finances while the royal palaces were “crumbling”. Both Buckingham Palace and Windsor Castle are reported to be in urgent need of repair with staff routinely catching rain in buckets to protect art and antiques.
As recently as 2001 the Queen’s “reserve fund” was at a healthy £35million but now stands at a paltry £1million. MPs blamed the Royal Family’s advisers for overspending.
Don’t feel too sorry for the Monarch though. Queen Elizabeth II’s rainy day fund may be looking a bit lame but she’s worth a lot more than that – £320million according to the Sunday Times Rich List 2013.
MerriweatherAdelaide, South Australia Australia11,403 posts
tomcatwarne: Even the Queen is having trouble managing her budget in austerity Britain. Last month it was revealed that Queen Elizabeth II’s rainy day fund was down to its last million.
A report by the Public Accounts Committee revealed the Queen’s advisers were failing to control her finances while the royal palaces were “crumbling”. Both Buckingham Palace and Windsor Castle are reported to be in urgent need of repair with staff routinely catching rain in buckets to protect art and antiques.
As recently as 2001 the Queen’s “reserve fund” was at a healthy £35million but now stands at a paltry £1million. MPs blamed the Royal Family’s advisers for overspending.
Don’t feel too sorry for the Monarch though. Queen Elizabeth II’s rainy day fund may be looking a bit lame but she’s worth a lot more than that – £320million according to the Sunday Times Rich List 2013.
Ref Yahoo.
Ouch... poor Queen Liz... I suppose if she needed to.. she could order a commission enquiry to what her advisors were thinking..???.
at a paltry sum of $100 million... like our PM is...stoopid Abbott.
...I actually feel sorry for our queen....she may be richer then I......true...but I have my freedom to do whatever I like....she has not......what is the point of being rich famous....without the freedom to enjoy it.......
tomcatwarne: Even the Queen is having trouble managing her budget in austerity Britain. Last month it was revealed that Queen Elizabeth II’s rainy day fund was down to its last million.
A report by the Public Accounts Committee revealed the Queen’s advisers were failing to control her finances while the royal palaces were “crumbling”. Both Buckingham Palace and Windsor Castle are reported to be in urgent need of repair with staff routinely catching rain in buckets to protect art and antiques.
As recently as 2001 the Queen’s “reserve fund” was at a healthy £35million but now stands at a paltry £1million. MPs blamed the Royal Family’s advisers for overspending.
Don’t feel too sorry for the Monarch though. Queen Elizabeth II’s rainy day fund may be looking a bit lame but she’s worth a lot more than that – £320million according to the Sunday Times Rich List 2013.
MerriweatherAdelaide, South Australia Australia11,403 posts
truheart1941: ...I actually feel sorry for our queen....she may be richer then I......true...but I have my freedom to do whatever I like....she has not......what is the point of being rich famous....without the freedom to enjoy it.......
True
Can I just ask tho... now Queen Liz could give the title over if she felt like it??
but I also think she has no intention of handing it to Charlie... because of the Camilla thingo..
benni2: does the upkeep of the royal houses,the weddings,royal visits etc fall on the royals to pay?
But in the end, no doubt it is the British Tax Payer who foots the bill and who keeps this extended family in the manner and style to which it is accostomed
jamesa1: But in the end, no doubt it is the British Tax Payer who foots the bill and who keeps this extended family in the manner and style to which it is accostomed
yea true,but its prob returns twice as much in tourism revenue
Merriweather: TrueCan I just ask tho... now Queen Liz could give the title over if she felt like it??
but I also think she has no intention of handing it to Charlie... because of the Camilla thingo..
so is she hanging out for Will ???
hi Merri.....perhaps that's her only option.....must be a hard thing to do. knowing...that by doing so...this young man wil be a prisoner.....to the job....as she has been for the last 60 years.jmo.
tomcatwarneOPOcean City, Plumouth, Devon, England UK17,106 posts
benni2: does the upkeep of the royal houses,the weddings,royal visits etc fall on the royals to pay?
No yjese things come outof her private money, except state visits where she repesents the United Kingdom, that is England, Scotland and Northern iieland, but they reckon this brings back many times in tourists.
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Even the Queen is having trouble managing her budget in austerity Britain. Last month it was revealed that Queen Elizabeth II’s rainy day fund was down to its last million.
A report by the Public Accounts Committee revealed the Queen’s advisers were failing to control her finances while the royal palaces were “crumbling”. Both Buckingham Palace and Windsor Castle are reported to be in urgent need of repair with staff routinely catching rain in buckets to protect art and antiques.
As recently as 2001 the Queen’s “reserve fund” was at a healthy £35million but now stands at a paltry £1million. MPs blamed the Royal Family’s advisers for overspending.
Don’t feel too sorry for the Monarch though. Queen Elizabeth II’s rainy day fund may be looking a bit lame but she’s worth a lot more than that – £320million according to the Sunday Times Rich List 2013.
Ref Yahoo.