OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» USDA Now Asking People to Register Their Vegetable Gardens for National Database - DON'T DO IT!!!!
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyYesterday at 11:16 am by PurpleSkyz

» Being Kind Can Have a Huge Impact on Your Well-Being. Here's How
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyYesterday at 10:40 am by PurpleSkyz

» Ancient extinct 'miracle' plant may have been rediscovered in Turkey
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyYesterday at 10:37 am by PurpleSkyz

» Anarchy Means Only No Rule, No Rulers; In Other Words — Freedom
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyYesterday at 10:31 am by PurpleSkyz

» Rewilding Food, Rewilding Our Mind & Rewilding the Earth
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyYesterday at 10:29 am by PurpleSkyz

» Three Scientific Mysteries Of Plato’s Atlantis
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyYesterday at 10:23 am by PurpleSkyz

» SpaceX rolls rocket to pad ahead of Crew-5 astronaut launch
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyYesterday at 10:10 am by PurpleSkyz

» Good People Doing Good Things — In The Aftermath Of Ian
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyYesterday at 10:03 am by PurpleSkyz

» Now That Twitter Belongs To Elon, Here Is What He Will Do To The Platform In His Own Words
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyYesterday at 10:00 am by PurpleSkyz

» RT Victorious In Google Censorship Lawsuit, YouTube Forced To Restore Blocked Channels
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyYesterday at 9:54 am by PurpleSkyz

» BREAKING: ICAN Wins Lawsuit Forcing CDC to Turn Over V-SAFE Covid Vaccine Injury Data
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyYesterday at 9:37 am by PurpleSkyz

» Crop Circles From The Air 2022 Season UK
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyTue Oct 04, 2022 10:33 am by PurpleSkyz

» They Can’t Hide the Truth Any Longer about COVID Jabs
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyTue Oct 04, 2022 10:24 am by PurpleSkyz

» SIXTH property insurer declares bankruptcy after Hurricane Ian
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyTue Oct 04, 2022 10:20 am by PurpleSkyz

» Hurricane Ian Recovery Update, Day 5
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyTue Oct 04, 2022 10:18 am by PurpleSkyz

» NASA Is Sending a Rotorcraft to Titan in 2027. Here's Where It Will Land.
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyTue Oct 04, 2022 10:13 am by PurpleSkyz

» FDA Preparing to Publish Study on 4 Potential Adverse Events Following Pfizer Vaccination
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyTue Oct 04, 2022 9:10 am by PurpleSkyz

» Dutch Government Obstructs Excess Mortality Research
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyTue Oct 04, 2022 9:07 am by PurpleSkyz

» What is going on in the skies above America? Mysterious Lights Spotted In The Sky Near Sacramento
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyTue Oct 04, 2022 8:56 am by PurpleSkyz

» Space Force Takes Over All Military Satellite Communications
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyTue Oct 04, 2022 8:52 am by PurpleSkyz

» Deutsche Bank Settles with Investors in Case Regarding Epstein
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyTue Oct 04, 2022 8:48 am by PurpleSkyz

» Trump Sues CNN for $475 Million for Defamation
Queen Elizabeth's cash crisis: Monarch 'down to last million' EmptyTue Oct 04, 2022 8:42 am by PurpleSkyz

You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » ILLUMINATI AGENDA & WORLD DOMINATION » Queen Elizabeth's cash crisis: Monarch 'down to last million'

Queen Elizabeth's cash crisis: Monarch 'down to last million'

2 posters

Go down  Message [Page 1 of 1]

ymoilman2



Queen Elizabeth's cash crisis: Monarch 'down to last million'

Published January 28, 2014
Fox News.com


Queen Elizabeth II of Great Britain is apparently one royal who is no longer flush.

According to The Daily Telegraph, a report by the House of Commons' Public Accounts Committee has found that the Queen's financial reserves have reached a "historic low," dwindling to 1 million pounds ($1.66 million) from 35 million pounds ($58 million) in 2001.
The Committee's report has placed the blame squarely on the Queen's advisers for overspending in a manner out of line with the austerity measures that have been adopted by Prime Minister David Cameron's government. According to the Telegraph, the royal household only managed 5 percent efficiency savings over the past five years, while some British government departments have cut their budgets by up to 33 percent. In the 2012-13 fiscal year, the report found that the royal household received 31 million pounds ($51.4 million) in taxpayer funds, but spent 33.3 million ($55.2 million), dipping into the reserves in the process.
Margaret Hodge, a Labour MP who chaired the committee, told Sky News that the financial mismanagement has resulted in two of the Queen's most famous residences falling into disrepair, with no contingency plant to pay for the backlog of repairs.
"Forty percent of [the royal estate] needs something doing to it," Hodge said. "The boilers at Buckingham Palace haven't been replaced for 60 years. Windsor Castle has problems with the bedrooms and the Royal Picture Gallery has buckets to catch the water coming through."
Hodge also called on the Treasury to "be actively involved in reviewing the Household's financial planning and management," which she claimed it has failed to do.
A Buckingham Palace spokesman the Telegraph that repairing the royal palaces was "a significant financial priority" and claimed that the royal household had doubled its income since 2007.
Click for more from the Daily Telegraph
http://www.telegraph.co.uk/news/uknews/queen-elizabeth-II/10600671/Queen-down-to-her-last-million-due-to-courtiers-overspending-report-finds.html
Click for more from Sky News
http://news.sky.com/story/1202049/royal-estate-overspend-leaves-50m-repair-bill

MartyM

MartyM

Oh BooHoo... I feel so bad for them. (yes that was sarchasm...)  Queen Elizabeth's cash crisis: Monarch 'down to last million' 2245507099  





'Tis better to be thought a fool,than to speak and remove all doubt.
     Love,Laughter & Prosperity...  :Santa 3: 

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum