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Author Topic: British Royal Finances  (Read 53583 times)
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marion
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« Reply #340 on: July 24, 2015, 04:06:01 pm »

^^^^^ITA GB "Maybe HM should also think about finanicng the 150m she wants for BP repairs."     ...........especially in light of the soaring property revenues.  ER should dip her hand into her own purse for a change.  We are experiencing  difficult times here in the UK and many are really struggling - food banks etc - also according to our illustrious Prime Minister, Call-me-Dave,  "we are all in this together".  Part of me wishes we were governed by a Labour government led by Jeremy Corbyn - he would soon sort the RF out.  
« Last Edit: July 24, 2015, 04:12:08 pm by marion » Logged
gingerboy24
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« Reply #341 on: July 24, 2015, 09:35:22 pm »

^Well she can afford it no doubt about that.  A Spivey article, but no warning about language necessary

http://chrisspivey.org/the-queen-owns-land-valued-at-over-17-trillion-you-would-think-the-miserable-old-bat-would-smile/
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gingerboy24
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« Reply #342 on: July 27, 2015, 03:22:11 pm »

Just found this, it is from Julyu 2010.  So, we ask ourselves, if this despicable lot cost us, the taxpayer, £100 million to guard 21 Royals around the clock, then here we are, 5 years down the line, how much is it costing us now.  People having to use food and clothing banks and look at what could be done for them with this kind of money.

The taxpayer is spending £10 0million a year ­protecting the ­Queen and TWENTY other ­members of the Royal Family.

http://www.mirror.co.uk/news/uk-news/100million-to-guard-21-royals-around-234485

With all her money surely she could pay for her own security. This is from February 2014

The Queen of England Deals Extensively in $17 Trillion Depleted Uranium Trade

http://www.nationofchange.org/queen-england-deals-extensively-depleted-uranium-trade-1393604116
« Last Edit: July 27, 2015, 03:29:57 pm by gingerboy24 » Logged
gingerboy24
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« Reply #343 on: August 04, 2015, 01:16:42 pm »

Oh dear, HM not making any money out of wasty, her glory days are over.

http://www.dailymail.co.uk/news/article-3184541/SEBASTIAN-SHAKESPEARE-Queen-counts-cost-Kate-effect-evaporates.html
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gingerboy24
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« Reply #344 on: August 09, 2015, 10:28:42 am »

Talk about greed.  HM has all this money and all she wants to do is ponce off the taxpayer for everything.  The more they have the greedier they appear to become.  Not a good trait.  If uranium prices have gone up over the last two years then this ownership is worth even more.

Posted 15th September 2013
Queen Of England Uranium Mines, Nuclear Plants, Nuclear Weapons; UK Royalty Owns 85% Of World's Uranium Mineral Rights

http://agreenroad.blogspot.co.uk/2013/09/queen-of-england-uranium-mines-nuclear.html?_escaped_fragment_&m=1
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gingerboy24
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« Reply #345 on: August 09, 2015, 07:48:32 pm »

New Report: 40% Of Global Debt From Monarchies

http://yournewswire.com/new-report-40-of-global-debt-from-monarchies/

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marion
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« Reply #346 on: November 25, 2015, 11:02:08 pm »

The Chancellor tried to sneak this in but someone found it in the small print... why such a huge rise... inflation îs nowhere near 7%
http://www.mirror.co.uk/news/uk-news/spending-review-hands-queen-7-6900682
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Rosella
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« Reply #347 on: November 25, 2015, 11:21:07 pm »

The Chancellor tried to sneak this in but someone found it in the small print... why such a huge rise... inflation îs nowhere near 7%
http://www.mirror.co.uk/news/uk-news/spending-review-hands-queen-7-6900682


^^ Yes but this money is the Sovereign Grant, which is linked to the Crown Estates. These estates are owned by the Crown, the monarchy, not the Queen personally. As monarch she gets a proportion of the profits of the Crown Estates which consists of property and land. As these improve in value so does the proportion of the profits the monarch receives.
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Kuei Fei
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« Reply #348 on: November 25, 2015, 11:22:37 pm »

I don't buy it that the Crown and royals as people are different; frankly, they use the money on themselves and ask for more, so no sympathy from me.

New Report: 40% Of Global Debt From Monarchies
http://yournewswire.com/new-report-40-of-global-debt-from-monarchies/

I actually think this is true; the Scandinavian monarchies are not wearing cheap clothes, they always wear major labels and Mette-Marit is famous for going to Valentino, even though she does few state engagements and shirks basic appearances in favor of jet setting around. The royals already have fat private funds, they should not be asking for more from taxpayers.
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« Reply #349 on: November 25, 2015, 11:59:16 pm »

The Sovereign Grant pays for the official duties of the monarch and those who she appoints to undertake duties on her behalf e.g. the cost of State Visits comes out of the Sovereign Grant as does the cost of staging the State Opening of Parliament and Trooping the Colour.

Christmas Dinner at BP or Sandringham is paid for from the Queen's private funds.
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Rosella
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« Reply #350 on: November 26, 2015, 12:51:13 am »

^ Money for the maintenance and upkeep of inhabited royal palaces and historic homes like Kensington Palace, BP, Windsor and Clarence House also comes from Sovereign Grant money. The Sovereign as a person and the Crown Estates funds certainly are two different entities, as the monarch would find out if she ever tried to sell any of Crown property on her own behalf! Crown estates have been around since medieval times. The Sovereign Grant replaced the old Civil List (by which other royals were paid expenses, etc) to a large extent.
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marion
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« Reply #351 on: November 26, 2015, 10:09:20 am »

@KF - ITA and it was obviously seen as too sensitive or it would have been announced with all the other measures
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meememe
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« Reply #352 on: November 26, 2015, 10:37:46 am »

There is nothing to announce as the law is very clear - 15% of the income of the Crown Estates is paid to the monarch as the Sovereign Grant to cover the costs of running the office of the Head of State and to maintain the occupied royal palaces.

In the days before the passing of the legislation in 2012 there were regular debates about how much to give the royals to carry out their duties although there were no increases at all from 1997 to 2007 and all payments made to anyone other than The Queen, the Duke of Edinburgh and the Queen Mum were repaid by The Queen from her personal incomes.

An increase in their 15% means that there is also an equivalent increase in the 85% that goes to the Treasury for the nation. It also means that there is more money for some of the essential repairs and maintenance needed at the royal palaces and maybe even a pay rise for some of the less well paid members of the Royal Household who are paid from the Sovereign Grant.

Every penny of this money is accounted for when they made their annual report to parliament during the summer.
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Kuei Fei
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« Reply #353 on: November 26, 2015, 11:10:14 am »

I'm confused.

HM wanted to dip into a poverty fund to pay to heat her palaces.
HM regularly cuts back on staff salary and benefits
Staff at the palaces are paid peanuts and basically kept on zero hour contracts
Supposedly Buckingham Palace is in a bad state, crumbling

So where on earth is all the money going? With all the money granted, staff should have good salaries/wages, the palaces should be in good shape, and HM shouldn't need to try to claim money from a fund set aside to heat homes of those in poverty.

Meanwhile, HM funds her grandson, her various family members, large stable of horses, and is able to wear the finest possible clothing. Something smells.
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« Reply #354 on: November 26, 2015, 12:18:40 pm »

I think it's because they have a odd view on money to them 5.000$ is the same as 100$ is to us.

or it might be a bubble like the one in 07 Ppl think there's mucho dinero but it might be mostly hot air?
either that or someone is siphoning it away for some reason. sly

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« Reply #355 on: November 26, 2015, 12:59:18 pm »

New Report: 40% Of Global Debt From Monarchies
http://yournewswire.com/new-report-40-of-global-debt-from-monarchies/

I actually think this is true; the Scandinavian monarchies are not wearing cheap clothes, they always wear major labels and Mette-Marit is famous for going to Valentino, even though she does few state engagements and shirks basic appearances in favor of jet setting around. The royals already have fat private funds, they should not be asking for more from taxpayers.

Thanks for that laugh KF.

The Dutch (I am Dutch so I will focus on my own country) national debt is 475 billion euros, some 73% of our GDP.  Our GDP in 2015 is 853 billion US$, the royals get according to the national budget almost 41 million euros in 2016. That includes things like security-staff, their own staff (secretaries but also household staff), the maintenance of the cars, the government airplane, carriages etc. That is less than 0,005% of the budget. You really think that Maxima cutting back on her dress-budget would make a dent?
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marion
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« Reply #356 on: November 26, 2015, 06:08:17 pm »

At the bottom of the link below is this comment which will probably lead to some creative accounting in the accounts of the Crown Estates - the RF will never agree to get less in government funding

"The Sovereign Grant formula is set to be reviewed next year by the Royal Trustees, which could see the percentage decrease if Crown Estates profits continue to grow."

http://royalcentral.co.uk/uk/thequeen/the-queens-income-set-to-rise-by-7-in-2016-56259
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My2Pence
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« Reply #357 on: November 26, 2015, 09:52:06 pm »

New Report: 40% Of Global Debt From Monarchies

http://yournewswire.com/new-report-40-of-global-debt-from-monarchies/



"Absolute monarchies are all situated within the Arab world, ranging from Morocco in the West, to Oman in the East. They account for less than 1 percent of the world’s debt issuance and usually have better balance sheets."

Would anyone like to explain to the author of this piece that what goes on in Middle Eastern monarchies isn't exactly pleasant for the majority of the people? It reads as if he's praising them.  Isn't Leichtenstein an absolute monarchy too? 

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« Reply #358 on: November 26, 2015, 11:38:34 pm »

New Report: 40% Of Global Debt From Monarchies
http://yournewswire.com/new-report-40-of-global-debt-from-monarchies/
I actually think this is true; the Scandinavian monarchies are not wearing cheap clothes, they always wear major labels and Mette-Marit is famous for going to Valentino, even though she does few state engagements and shirks basic appearances in favor of jet setting around. The royals already have fat private funds, they should not be asking for more from taxpayers.
Thanks for that laugh KF.

The Dutch (I am Dutch so I will focus on my own country) national debt is 475 billion euros, some 73% of our GDP.  Our GDP in 2015 is 853 billion US$, the royals get according to the national budget almost 41 million euros in 2016. That includes things like security-staff, their own staff (secretaries but also household staff), the maintenance of the cars, the government airplane, carriages etc. That is less than 0,005% of the budget. You really think that Maxima cutting back on her dress-budget would make a dent?

The Dutch government holds their royals to account, expecting the RF to answer any questions given to them by the Dutch Parliament (something I endlessly admire) and I believe that every penny is accounted for. With the BRF, things are shadier and the BRF isn't questioned by Parliament. With the Norwegian monarchy, apparently Mette hasn't been called before Parliament to account for her spending, jet setting, and her shirking many duties.
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« Reply #359 on: November 26, 2015, 11:51:31 pm »

The BRF accounts for the Sovereign Grant is presented to parliament and is questioned.

The difference is that the BRF aren't paid a salary at all.

The money they are getting is, in real terms, about 50% of what they were getting in 1997 as the Civil List was frozen for a decade while inflation made a lot of headway - as a result they had to cut salaries in real terms and had to restrict even the basic maintenance at the palaces as the public and government still expected them to undertake the duties and public occasions that the Civil List and now Sovereign Grant pays for.
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