British royal spending increased 17% primarily due to palace overhaul costs

Article author:

Associated Press

Sylvia Hui

London (AP) — The Associated Press's publicly funded spending has increased 17% over the past year to £ 102.4 million (1). That's $ 124 million). The renovation of Buckingham Palace accounts for most of the cost, a royal report released Thursday said.

According to the Palace's Annual Sovereignland Report, royal spending increased by £ 14.9m year-on-year.

Critics have explained that spending is overspending in the UK's cost of living crisis.

Due to a 10-year project to overhaul the pipes, wiring and electrical equipment at Buckingham Palace, asset maintenance accounted for the majority of spending (about £ 64 million).

The cost of the official tour has also increased as the royal family returned to overseas visits after the coronavirus restrictions were lifted.

The most expensive official royal tour of the past year was Prince William and his wife Kate's trip to the Caribbean in March for about £ 226,000.

This trip, aimed at strengthening federal ties, was instead hurt by photo opportunities criticized as protests, demands for compensation for slavery, and a reversion to colonialism.

Soveringland is a public fund to support Queen Elizabeth II's public affairs and other costs such as public affairs, royal staff, and maintenance of the occupied palace.

The amount of the grant (£ 86.3 million in 2021-22) is based on the percentage of profits from Crown Estate, a vast collection of wealth across the UK. This amount is equivalent to a cost of £ 1.29 per person. domestic.

British royalty also has other sources of income, such as tourists paying to visit the royal palace.

The Daily Mirror tabloid asked the royal spending on its front page under the following headline: Record payments for the company as the country feels a pinch. And the Anti-Monarchy Campaign Group Republic said it was spending too much.

"As always, the rest of us face a cost-of-living crisis and continue to weigh on public services, but the royal family leaves with hundreds of millions of pounds of taxpayer money. "Masu," said Graham Smith, Group Chief Executive Officer.

Prince Charles and his royal family are "extremely aware" of the crisis, paying close attention to the rapidly rising cost of living, palace officials say.

As Charles' financial scrutiny becomes tighter, an annual financial report is released, and recent news reports show that heirs to the throne have millions of pounds in suitcases and carry bags. Claims to have received the cash. According to the former Prime Minister of Qatar.

The Sunday Times reported that the prince was given a total of 3 million euros ($ 3.2 million) by Sheikh Hamad Binja Sim Bin Javert Altani. Charles' office said the donation was "immediately handed over" to one of the prince's charities and "appropriate governance" took place.

The newspaper did not claim that the illegal activity was committed, and Charles' office denied the illegal activity.

Still, a Charles spokesman said on Wednesday:

"This hasn't happened and will never happen again because the situation has been evolving for more than five years," said a palace official who was not nominated according to palace policy. I told the media.

London police say people related to the Prince's Foundation, another prince's charity, to help Saudi billionaires secure honors and citizenship in return for donations. We are investigating another allegation that was provided by. Clarence House says Charles knew nothing about such an offer.


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