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No visitors at palace leave the Queen £10m out of pocket

The Queen has been left with a £10million shortfall in her finances as a result of the pandemic. Buckingham Palace revealed yesterday that it had lost just over half its annual income outside of Government funding after closing to visitors. It meant the royal household was forced to break into its savings. Income plunged from £20.2million in 2019/20 to £9.4million in 2020/21. Meanwhile, its property maintenance bill soared from £38.4million to £49.5 million as part of its planned upgrade of the Queen s official residence. The sovereign grant, the pot of money given to the monarch by Government which is based on the income surplus from The Crown Estate two years ago, increased by £3.5million to £85.9million during 2020/21.

Windsor and maidenheadUnited kingdomEast sussexBuckingham palaceMichael stevensNational audit officeCrown estateFrogmore cottageRoyal familyHer majestyவிண்ட்சர் மற்றும் மெய்டன்ஹெட்ஒன்றுபட்டது கிஂக்டம்கிழக்கு சசெக்ஸ்பக்கிங்ஹாம் அரண்மனைமைக்கேல் ஸ்டீவன்ஸ்தேசிய தணிக்கை அலுவலகம்

Treasury set for smaller payday as Crown Estate profit drops by a fifth

The Crown Estate makes billions of pounds from offshore wind power. (Peter Byrne/PA) The Crown Estate will deliver less money to the Treasury this year due to the Covid-19 pandemic as many of its high street renters struggled to pay their bills. The estate, which owns huge tracts of property across the UK, said that net revenue profit had dipped 21.9% to £269.3 million. The decline was largely because the estate was unable to collect all the rent it was owed. It warned that further hits are likely as the Government support schemes for companies comes to an end. The news will mean a considerably smaller payday for the Treasury, which collects all of the Crown Estate’s profit.

United kingdomBuckingham palaceQueen andrew matthewsDan labbadCrown estateSovereign grantRoyal ascotDay fiveஒன்றுபட்டது கிஂக்டம்பக்கிங்ஹாம் அரண்மனைகிரீடம் எஸ்டேட்இறையாண்மை மானியம்அரச அஸ்காட்நாள் ஐந்து

Buckingham Palace releases ethnic makeup of workforce | iNFOnews | Thompson-Okanagan s News Source

Buckingham Palace releases ethnic makeup of workforce | iNFOnews | Thompson-Okanagan s News Source
infotel.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotel.ca Daily Mail and Mail on Sunday newspapers.

United statesPrince williamNew brunswickCity ofUnited kingdomBuckingham palaceOprah winfreyDanica kirkaPrince harryRoyal householdQueen elizabethEast londonSovereign grantWindsor palaceCrown estateஒன்றுபட்டது மாநிலங்களில்

Ethnic makeup of Buckingham Palace workforce not what we would like, says senior source

Ethnic makeup of Buckingham Palace workforce not what we would like, says senior source
cbc.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbc.ca Daily Mail and Mail on Sunday newspapers.

United statesPrince williamNew brunswickUnited kingdomBuckingham palaceOprah winfreyPrince harryRoyal householdRoyal familyBritish royal familyEast londonSovereign grantWindsor palaceCrown estateஒன்றுபட்டது மாநிலங்களில்ப்ரிந்ஸ் வில்லியம்

Buckingham Palace admits it must do more on diversity in annual report

Buckingham Palace admits it must do more on diversity in annual report
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Windsor and maidenheadUnited kingdomEast sussexCity ofBuckingham palaceOprah winfreyMichael stevensSovereign grantPrivy purseSir michael stevensCrown estateUnited kingdom treasuryFrogmore cottagePrince charleவிண்ட்சர் மற்றும் மெய்டன்ஹெட்ஒன்றுபட்டது கிஂக்டம்