The Queen is to receive an 8% increase in income from public funds, after the Crown Estate's profits rose by £24m.
The Sovereign Grant, which pays for the salaries of her household, official travel and upkeep of palaces, is to increase by more than 拢6m in 2018/19.
The Sovereign Grant, which pays for the salaries of her household, official travel and upkeep of palaces, is to increase by more than 拢6m in 2018/19.
It comes as accounts revealed the Queen's official net expenditure last year increased by
£2m, to almost £42m.
Sir Alan Reid, Keeper of the Privy Purse, said the Queen represented "excellent value for money".
He said: "When you look at these accounts, the bottom line is the Sovereign Grant last year equated to 65p per person, per annum, in the United Kingdom.
"That's the price of a first class stamp.
"Consider that against what the Queen does and represents for this country, I believe it represents excellent value for money."
Sir Alan Reid, Keeper of the Privy Purse, said the Queen represented "excellent value for money".
He said: "When you look at these accounts, the bottom line is the Sovereign Grant last year equated to 65p per person, per annum, in the United Kingdom.
"That's the price of a first class stamp.
"Consider that against what the Queen does and represents for this country, I believe it represents excellent value for money."
No comments:
Post a Comment
Get more stories like this on our twitter @Abdul_Ent and facebook page @abdulkukublogspot