The British Royal Family is costing taxpayers more than ever

Tyler Durden – Zero Hedge July 4, 2019

Taxpayers in the United Kingdom are paying more money than ever for the Royal Family.

The latest Sovereign Grant accounts were published early last week and they show that the monarchy cost £67 million ($86 million) in 2018-19 – a 41 percent increase on the previous financial year.

Statista’s Niall McCarthy notes one interesting aspect of the accounts is that Frogmore Cottage cost £2.4 million of public money to renovate. The official residence of Prince Harry and Meghan Markle, the cottage was given to the couple as a gift by the Queen.

In a nutshell, the complicated system of funding the monarchy works when the UK government makes a payment called the Sovereign Grant to the Royal Household every year.

Its value is determined by how much money the Crown Estate real estate portfolio has brought in. That total added up to £82 million this year with a sizeable chunk of that money added to cover renovation work at Buckingham Palace.

Of that total, the monarchy spent £67 million on official duties including travel as well as other costs such as staff and property maintenance.

Maintenance and the renovation of Buckingham Palace are the key reasons the total is so high this year.

 

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2 responses to “The British Royal Family is costing taxpayers more than ever”

  1. Can someone explain the obsession with this so called royal family. Do they have a specail blood type, one different from the rest of mankind? Do they not eat through a mouth, poop through a a hole, does it not stink like the rest of mankinds? Stop paying attention to these evil sucks and put them back in the place they belong, and that is with evil.

  2. It is far past time to kick those worthless parasites to the curb. Unless they actually demonstrate some noble ideals and take a stand against the ruinous actions of the series of demonic Prime Ministers and a moronic Parliament, all of whom are spineless cuckolds of the shrieking Jew jackals, the Queen and “royal” family are a pathetic fucking travesty shamelessly mooching.