Canada
This article was added by the user . TheWorldNews is not responsible for the content of the platform.

British royal spending increased by 17%, mainly used for palace overhaul costs

The most expensive official royal tour of the past year was Prince William and Kate's trip to the Caribbean in March

Author article:

Associated Press

Associated Press

Sylvia Hui

A dog walker passes a quiet Buckingham Palace, in London, March 23, 2021.
A dog pedestrian will pass through the quiet Buckingham Palace in London on March 23, 2021. Photo: Kirsty Wigglesworth / Files/Associated Press

London — Publicly funded by the British monarchy Spending increased 17% to £ 102.4 million (C $ 160.46 million). Last year, the renovation of Buckingham Palace accounted for most of the cost, so a royal report released Thursday showed.

The Palace's annual sovereignland report showed that 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 that supports 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 crisis in living expenses and continue to weigh on public services, but the royal family is hundreds of millions of pounds of taxpayers. I'm leaving with my money, "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.

The annual financial report was issued as Charles' financial scrutiny became more stringent. According to recent news reports, the heir to the throne received millions of pounds of cash in a suitcase and carry bag from the former Prime Minister. 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 has never happened and will never happen 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 British 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.

opening envelope

From the newsroom to the noon inbox, Toronto Sun's latest headlines, stories, opinions and photos. By clicking the

sign-up button, you agree to receive the above newsletter from Postmedia Network Inc. You can unsubscribe at any time by clicking the unsubscribe link at the bottom of the email. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300