PUT THE POLITICIANS ON THE MINIMUM WAGE AND WATCH HOW FAST THINGS CHANGE
Civilisation has operated in two ways - To make one part of society more affluent and the other more wretched than would have been the lot of either in a natural state
There are Natural Rights and Civil Rights. Life, Liberty and the Pursuit of Happiness
Where Our Power to Execute Our Natural Rights is Perfect, Government has No Legitimate Jurisdiction
When the Forces for War are Greater than the Forces for Peace   Then the World is in Danger
Politics is not a Dirty Word. It is a Way of Life. How is Your Way of Life Today ?

77% SAY QUEEN MUST GIVE UP HER WEALTH TO SETTLE THE PEOPLE’S PANDEMIC

POLL: With Queen to receive MILLIONS, is Treasury right to prop up royals during crisis?

THE QUEEN will pocket millions from the Treasury to prop up the Royal Family’s portfolio as it is hit by the coronavirus crisis. Do you think it’s right for the royals to be handed taxpayer funds during the COVID-19 pandemic?

PUBLISHED: 10:00, Thu, Sep 24, 2020 | UPDATED: 13:44, Thu, Sep 24, 2020

 

The monarch’s sprawling estate has lost millions of pounds as even the Royal Family feels the bite of the coronavirus pandemic. So much so, the Queen’s Sovereign Grant will now receive a cash injection from the Treasury to offset a nosedive in profits.

The major cash boost will support the 94-year-old’s property and land investments, which have fallen in value following the UK lockdown to fight the COVID-19 crisis.

 

But is the Treasury right to prop up the Firm during the coronavirus pandemic?

 
 

The monarch’s empire is now worth £13.4billion, according to annual figures.

queen news

The Queen will pocket millions from the Treasury to prop up the Royal Family’s portfolio (Image: GETTY )

 
 

With Queen to receive millions, is Treasury right to prop up royals during crisis?

Before March, when the UK went into a nationwide lockdown, the estate had enjoyed profits of £345million.

Annual profits from the Crown Estate go to the Treasury, with 25 percent passed back to the Firm in the form of a Sovereign Grant.

The Treasury will not allow the Queen’s finances to drop and will ensure they remain the same in 2022 and 2023, according to the Daily Mail.

READ MORE: Queen to receive MILLIONS from taxpayer to beat coronavirus losses

queen news queen

The monarch’s sprawling estate has lost millions of pounds (Image: GETTY )

The Sovereign Grant for 2021 to 2022 is expected to stay at £86.2 million.

The Treasury spokesman has defended the financial support to the Queen and said the Crown Estate’s revenue “helps pay for our vital public services”.

The spokesman said the Grant does not provide members of the Royal Family with private income.

 

Similar Recent Posts by this Author:

Share this post

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email