10 minutes agoBritain: Page raise for Queen Elizabeth II
Periskopi(9 years ago)
(9 years ago)Queen Elizabeth II will receive an 8 - percent increase in public funds, as crown ark profits increased by 24 million pounds. The sovereign grant, which pays for its court wages, official trips and palace maintenance, will increase by more than 6 million pounds in the years [...]
Queen Elizabeth II will receive an 8 - percent increase in public funds, as crown ark profits increased by 24 million pounds.
The sovereign grant, which pays for its court wages, official trips and maintenance of palaces, will increase by more than 6 million pounds in the 1920s-2019s.
This comes after accounts showed that, the Queen's net official expenses, last year grew by 2 million pounds, going to about 42 million pounds. Official trips by the queen and the royal family cost taxpayers 4.5 million pounds during 2016-2017.
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The sovereign grant, paid two years late, consists of the parà given to the Queen of the Treasury. It is based on profits from crown property. This profit has increased by 24.7 million pounds in 2016-2017, the TCH reports.
Fund growth comes at a time when large-scale repairs are being carried out in “Buckingham Palace”, which is thought to total 369 million pounds. To assist the work in the palace, the percentage of the crown property paid to the queen will increase from 15 percent to 25 percent between 2017 and-27.
