Queen has to live like a subject

[Kreskin]

She's drawing down savings to make ends meet.

Cost of the queen: less than $1 per person a year - Yahoo! Canada News

LONDON - Like millions of her subjects, Queen Elizabeth II is going to have to make do and mend — cutting spending and putting off palace repairs as royal finances are squeezed by Britain's budget crisis.

Accounts published Monday by Buckingham Palace reveal the total public cost of supporting the monarchy was 38.2 million pounds ($57.8 million) in the year to March 31, the equivalent of 62 pence (94 cents) per person. The total is more than 3 million pounds less than in 2008-2009.

Britain's public sector is facing cuts as the government tries to eliminate a record deficit, and Alan Reid, Keeper of the Privy Purse, said the royal household "is acutely aware of the difficult economic climate" and will be cutting costs and putting off essential maintenance.

The 84-year-old queen receives 7.9 million pounds of public money each year to pay for staff and other costs, an amount that has not risen in 20 years. The accounts show also drew an extra 6.5 million pounds from a reserve fund built up over the years by saving portions of her allocated budget.

If the queen continues to use money from her reserve at the current rate, the fund will run out by 2012 — the year she celebrates her 60th year on the throne.

 

[VanIsle]

60 years on the throne. That's really a long time! Doncha think?

 

[Kreskin]

60 years on the throne. That's really a long time! Doncha think?

My legs would go numb.

I hope she subscribes to a good magazine.

 

[VanIsle]

My legs would go numb.

I hope she subscribes to a good magazine.

You must be much taller than me. I get a numb bum. Maybe she likes to do the crossword puzzles there.

 

[Curiosity]

C'mon you guys....

She's tied in so she won't fall over.

 

[Blackleaf]

It's great to see that in these tough times the Royal Family, which cost each person in the UK just 62p last year (Canadians don't have to pay anything), is tightening its belt. That's something our politicians should learn.

The cost of the Royal Family has also decreased. In the 2009-10 financial year, the cost cost of keeping the monarchy decreased by £3.3 million (7.9 per cent) to £38.2 million. That equates to a fall of 12.2% in real terms. That's the equivalent of every British taxpayer contributing just 62p towards the cost of running the monarchy. In 2008-09 it cost 69p, so that's a fall of 7p. America's Air Force One alone costs more than the British monarchy. And the taxpayer doesn't actually pay for the Queen and the monarchy. It mainly pays for the Queen's staff. The Royals earn their own money.

The Queen making a speech to the UN in New York yesterday, for the first time since 1957, and then visiting Ground Zero also shows what a great asset she is.

 

[Andem]

It's great to see that in these tough times the Royal Family, which cost each person in the UK just 62p last year (Canadians don't have to pay anything), is tightening its belt. That's something our politicians should learn.

Fail. Canadians pay more per person for the monarch than the British do.

This second edition of The Cost of Canada's Constitutional Monarchy, based on the same official government Estimates, , now calculates that the cost of The Canadian Crown for 2001-02 totaled $34,127,653. Based on StatsCan population estimate of 31,081,900 as of July 1, 2001, the cost of the Crown is $1.10 per Canadian. (source)

The cost of the monarch:
Per Canadian: $1.10
Per Briton: $0.94

 

[AnnaG]

ooops



"Accounts published Monday by Buckingham Palace reveal the total public cost of supporting the monarchy was 38.2 million pounds ($57.8 million) in the year to March 31, the equivalent of 62 pence (94 cents) per person. The total is more than 3 million pounds less than in 2008-2009."

Better you guys than us.

Fail. Canadians pay more per person for the monarch than the British do.

This second edition of The Cost of Canada's Constitutional Monarchy, based on the same official government Estimates, , now calculates that the cost of The Canadian Crown for 2001-02 totaled $34,127,653. Based on StatsCan population estimate of 31,081,900 as of July 1, 2001, the cost of the Crown is $1.10 per Canadian. (source)

The cost of the monarch:
Per Canadian: $1.10
Per Briton: $0.94

Well, nuts.
Life must be really tough for those people throwing all those garden parties, living in castles, travelling the planet, etc. lol I wonder what they get from India, Oz, New Z, etc.

 

[Andem]

Well, nuts.
Life must be really tough for those people throwing all those garden parties, living in castles, travelling the planet, etc. lol I wonder what they get from India, Oz, New Z, etc.

They don't get anything from India because India is not a commonwealth realm.

 

[AnnaG]

They don't get anything from India because India is not a commonwealth realm.

Really? I guess I missed it. When did India escape?

 

[SirJosephPorter]

Fail. Canadians pay more per person for the monarch than the British do.

This second edition of The Cost of Canada's Constitutional Monarchy, based on the same official government Estimates, , now calculates that the cost of The Canadian Crown for 2001-02 totaled $34,127,653. Based on StatsCan population estimate of 31,081,900 as of July 1, 2001, the cost of the Crown is $1.10 per Canadian. (source)

The cost of the monarch:
Per Canadian: $1.10
Per Briton: $0.94

That depends upon the exchange rate. I remember for a long time, British pound was more than 2 Canadian dollars (I think it had gone as high as 2.2 Can $). These days it has gone down. But if it had been over 2 dollars today, we would end up paying less than the British.

Anyway, the Royal family is extremely rich in its own rights, one of the wealthiest families in the world. It wouldn’t surprise me if the Queen spends some of her own money for state business. So I don’t see cutting back on Royal purse as making that much difference. The Queen could easily make up the slack out of her personal funds.

 

[AnnaG]

Really? I guess I missed it. When did India escape?

NVMD, I looked it up:

British Commonwealth:
UK Commonwealth Countries

 

[Kathie Bondar]

She's drawing down savings to make ends meet.

Cost of the queen: less than $1 per person a year - Yahoo! Canada News

LONDON - Like millions of her subjects, Queen Elizabeth II is going to have to make do and mend — cutting spending and putting off palace repairs as royal finances are squeezed by Britain's budget crisis.

Accounts published Monday by Buckingham Palace reveal the total public cost of supporting the monarchy was 38.2 million pounds ($57.8 million) in the year to March 31, the equivalent of 62 pence (94 cents) per person. The total is more than 3 million pounds less than in 2008-2009.

Britain's public sector is facing cuts as the government tries to eliminate a record deficit, and Alan Reid, Keeper of the Privy Purse, said the royal household "is acutely aware of the difficult economic climate" and will be cutting costs and putting off essential maintenance.

The 84-year-old queen receives 7.9 million pounds of public money each year to pay for staff and other costs, an amount that has not risen in 20 years. The accounts show also drew an extra 6.5 million pounds from a reserve fund built up over the years by saving portions of her allocated budget.

If the queen continues to use money from her reserve at the current rate, the fund will run out by 2012 — the year she celebrates her 60th year on the throne.

I am touched. The poor soul works her hearth out for practically peanuts. Does anyone have the figures for her ever increasing number of family members, like husband, kids, grand kids and the governor general?
How much does the monarchy costs for each Canadian/year?
How much does her Canadian visit costs to Canadian in total?
How much income does she derive from her Canadian investments? Other members of her immediate family?

 

[dumpthemonarchy]

Any money given to the royal family is wasted money.

 

[FiveParadox]

Any money given to the royal family is wasted money.

Since the Royal Family performs functions for all of the Commonwealth realms, I very much disagree.

Perhaps we could change over to a republic if we returned all of the Crown’s land to the Queen?

 

[Kreskin]

I am touched. The poor soul works her hearth out for practically peanuts. Does anyone have the figures for her ever increasing number of family members, like husband, kids, grand kids and the governor general?
How much does the monarchy costs for each Canadian/year?
How much does her Canadian visit costs to Canadian in total?
How much income does she derive from her Canadian investments? Other members of her immediate family?

It's heart-wrenching to see her chauffeured into Woodbine Racetrack but not place any bets. I notice she always carries an outfit-matching purse, and I suspect it holds her budget calculator.