Shameful

[pb21]

That's what's paid back. The Treasury receives the money from the Crown Estates, and pays the Sovereign Grant and upkeep from that.
https://en.wikipedia.org/wiki/Crown_Estate

So Queenie gets 40 million a year, from taxes on land and property she doesn't own?

And for the next 10 years it's going entirely on BP and not other things it otherwise would have been spent on?

Sounds like the taxpayer is going to be out of pocket to me!

 

[Lord Bracknell]

Just out of interest how much did the Olympic stadium cost to build for WH to eventually play in

More to the point ... What fool of a public servant brings such ignorance of the costs of doing a project like this that we get conned into imagining that a figure like £369 million is a reasonable sum for electrical and plumbing work?

 

[Gregory2Smith1]

I just hope they make a nice job of it

 

[Green Cross Code Man]

The French had the right idea, time to bring back the guillotine and chop their heads OFF

Then they ended up MUCH better off. With NAPOLEON!

 

[Pretty pink fairy]

More to the point ... What fool of a public servant brings such ignorance of the costs of doing a project like this that we get conned into imagining that a figure like £369 million is a reasonable sum for electrical and plumbing work?

how's the electrics and plumbing in your cottage
regards
DR

 

[Simster]

how's the electrics and plumbing in your cottage
regards
DR

All paid for by him, I should imagine.

 

[Pretty pink fairy]

all paid for by him, i should imagine.

I WASN'T TALKING TO YOU
regards
DR

 

[Ernest]

Then they ended up MUCH better off. With NAPOLEON!

We have FARAGE

 

[fat old seagull]

The royal family are great value for money.

You are right, spot on.....we should sell them quickly before the pound disappears completely!

 

[Gregory2Smith1]

Yes, I've noticed that when we go on holiday to the Vendee every year.

it's lovely up there,we have friends in Sables d'Olonne

hope the british fella wins the Vendèe Globe

 

[halbpro]

So Queenie gets 40 million a year, from taxes on land and property she doesn't own?

And for the next 10 years it's going entirely on BP and not other things it otherwise would have been spent on?

Sounds like the taxpayer is going to be out of pocket to me!

The Crown Estates is not technically owned by the Monarch, but is effectively the Monarch's. It's complicated and dates back George III. If it is just the Sovereign Grant money that's going on it then the taxpayer isn't down any money. If a larger amount of the Crown Estates profits are spent on the refurbishment, then the Treasury, and thus tax payers, are down.

 

[Simster]

I WASN'T TALKING TO YOU
regards
DR

Indeed. I should have just ignored your drivel like everyone else does.

 

[symyjym]

Not sure what the problem is because that money employs skilled labour and goes back into the economy. It’s a money circulator not robbing the poor.

 

[pb21]

The Crown Estates is not technically owned by the Monarch, but is effectively the Monarch's. It's complicated and dates back George III. If it is just the Sovereign Grant money that's going on it then the taxpayer isn't down any money. If a larger amount of the Crown Estates profits are spent on the refurbishment, then the Treasury, and thus tax payers, are down.

It [the Crown Estate] is not the private property of the monarch - it cannot be sold by the monarch, nor do revenues from it belong to the monarch.

... surplus revenue from the estate is paid each year to the Treasury for the benefit of the nation's finances.

https://www.thecrownestate.co.uk/our-business/faqs/#whoownsthecrownestate

15% of that money, raised for the benefit of the nation, then goes direct to the Queen!

 

[halbpro]

It [the Crown Estate] is not the private property of the monarch - it cannot be sold by the monarch, nor do revenues from it belong to the monarch.

... surplus revenue from the estate is paid each year to the Treasury for the benefit of the nation's finances.

https://www.thecrownestate.co.uk/our-business/faqs/#whoownsthecrownestate

15% of that money, raised for the benefit of the nation, then goes direct to the Queen!

Do you know why this system was set up? It was because George III had those estates, but needed cash. So he gave the money from them to the Treasury, and they gave back some money on the bet that the estates would be worth more over time. It was a very, very good bet.

As you point out, it's not the private property of the monarch, but it's their property for the length of their reign. It's a very complicated set up, but it's not money "raised for the benefit of the nation". It's money raised for the benefit of the Crown, which I'd argue is distinct from the nation.

 

[Stumpy Tim]

Not sure what the problem is because that money employs skilled labour and goes back into the economy. It’s a money circulator not robbing the poor.

If that money was spent on building hospitals, for example, the same circulation would occur. The problem isn't about spending money, it's about how it's spent.

Hope that helps

 

[Doc Lynam]

At a briefing on Friday, palace officials were clearly conscious that in times of austerity such expenditure needs to be justified, and they were at pains to do so.
When asked how they thought the public would react, one said they did not know but hoped "it will appeal to their sense of nationhood".

The inequality leaves you a bit speckless to be honest! Basically its indefensible when you see what other people are living through right now; the main comfort is this family and its sycophants will be marginalised more and more as we learn to value each other as our equals.

 

[beorhthelm]

So Queenie gets 40 million a year, from taxes on land and property she doesn't own?

And for the next 10 years it's going entirely on BP and not other things it otherwise would have been spent on?

Sounds like the taxpayer is going to be out of pocket to me!

not really. the Monarch used to "own" lots of the country, palaces and bits around it like the coast line. in 17?? whatever the parliament took it off the Monarch in exchange for a yearly payment, the civil list. this changed recently but is estentially the same, its the cost for running the Monarch and estates of the monarchy.

so the crown estate is owned by the state and make a payment to the head of state, from which they run the office of the head of state. for the next 10 years some additional money will be paid to cover the refurbishment of one of the states properties. the taxpayer will indeed be out of pocket, as it would be if this was a republic. we could say dont want the palace refurbished, or that its costing too much and do smaller job.

so the question is do we object to the fact some refubishment is to be done, the amount, or who the incumbant head of state is?

 

[The Rivet]

It's outrageous, we could give it to Brussels instead in less than a month!

 

[GT49er]

In terms of public spending, it's small beer - compare to overseas aid (£12.2 billion) or defence (£35.1 billion). It's a historic and iconic old building - it needs to be maintained or it will fall down.

Like other have said, though, I do hope they got more than one quote. The government (not just this one - all governments - or perhaps the blame should fall on the civil servants who are the constant factor) are often extremely inept when it comes to budgeting, tendering and contracting.