© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

For something so hollow, the royal family is astonishingly expensive | Polly Toynbee

The trouble with the monarchy is not that it is too powerful but that it is utterly useless, a worthless vacuum shrouded in ceremony

“Not My King,” say the yellow T-shirts of the anti-monarchists TV cameras may swerve around in the coronation crowds. But he is our king, willy-nilly, like it or not, as he and his family are our dependants. The Guardian’s deep dive into the royal family’s finances shows our monarchy costs a fortune, more than anyone else’s in Europe.

The Bourbons of Spain cost a mere £7.4m, while we pay our Windsors a very pricey £86m. And that’s before we add in the roughly £40m a year in revenues from their Duchy estates. That’s not much really, monarchists may claim. Out of £1tn in annual government spending, the royals’ consumption of taxpayers money is a mere bagatelle, a fleabite.

Polly Toynbee is a Guardian columnist

Continue reading…

Related posts

Owami Davies: Met police pours ‘huge resources’ into search for missing nurse

AEA3

Rostov-on-Don: why has Russian city been targeted by Wagner group?

AEA3

Bank of England on brink of biggest interest rate rise since 1995 – business live

AEA3

Pin It on Pinterest

Share This