Royal accounts have revealed the Queen overspent by £14.9million last year and the Palace had to dip into reserves.
Royal accounts have revealed the monarchy's taxpayer-funded spending came to £102.4 million last year.Royal accounts have revealed the Queen overspent by £14.9million last year and had to dip into reserves but sources say the family are "extremely conscious" of the cost-of-living crisis affecting the nation.
Sir Michael Stevens, Keeper of the Privy Purse, outlined the challenges facing Buckingham Palace itself following the pandemic and due to inflation. The most expensive official trip was the Cambridges’ controversial visit to the Caribbean in March at £226,383. "So we're looking very much at how we can be innovative in reducing consumption and consequentially as a by-product reducing costs as well to ensure that we can live within and operate within the funding envelope that we are anticipating."
"He wants to hear from them, what is their lived experience, so we can see what we can do to try to help them, support them along the way because to roll the question into a wider point about the living crisis, the family are extremely conscious of this - the Prince of Wales is paying very close attention to this indeed," the source added.
The prince and the Duchess of Cornwall have shown support for vulnerable communities through their engagements, including trips to high streets where the retail sector is struggling, the source said.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The Queen: Royal fans all spot the same thing about her appearance in ScotlandThe Queen: Royal fans all notice the same thing about the monarch after her appearance in Scotland
Weiterlesen »
Rapha X Palace celebrate Tour de France Femmes with EF kit & custom CannondalesThe Tour de France is set to kick off next week and Rapha, EF Education & Cannondale are celebrating in another style collaboration with Palace Skateboards. But this year, with the launch of the 8-day Tour de France Femmes (and the biggest prize payout in women’s cycling), both the men and women will be riding
Weiterlesen »
Royal HR policy altered after Meghan bullying inquiry but changes are kept secretRoyal HR policies have under gone changes after an investigation into the handling of bullying allegations made against the Duchess of Sussex- but the alterations have not been made public.
Weiterlesen »
Royal Mail managers vote to strike as Britain's summer of disruption set to get worseRoyal Mail managers have voted to strike in a dispute over what their union describes as an 'ill-thought-out redeployment programme'
Weiterlesen »
Royal Mail managers to strike in latest industrial action to hit the UKStrike dates are due to be announced in the coming days
Weiterlesen »
Royal Mail workers to vote on strike over payMore than 115,000 staff will receive their ballot papers and are expected to back strike action.
Weiterlesen »