Spending on monarchy up by £900,000 to £33 .3m

Thu Jun 27 15:13:03 BST 2013

Not just for Simon ;-)

Spending on monarchy up by £900,000 to £33.3m
27 June 2013 Last updated at 14:45
The Crown Estate increased its profits to £252.6m in the 2012-13 financial year
http://www.bbc.co.uk/news/uk-23082296

Government spending on the monarchy rose by 
almost £1m to £33.3m in the last financial year, 
Buckingham Palace accounts have revealed.
The Queen's official expenditure increased by 
£900,000 in 2012-13, compared to the previous 12 months.
Sir Alan Reid, Keeper of the Privy Purse, said 
the figure was a "real terms reduction".
The grant paid to the monarchy is calculated as 
15% of money paid by the Crown Estate to the government.
The estate, which includes property across the 
UK, increased its profits by 5% to £252.6m in 2012-13.
The Queen's official expenditure excludes the 
costs of police and Army security and armed services ceremonies.

Palace maintenance
Sir Alan said: "The royal household has continued 
to reduce its expenditure funded by the taxpayer 
in successive years since 2008-9, achieving a 
real terms reduction of 24% over the last five years."
The 2.6% spending increase in 2012-13 represented 
a real terms decrease of 0.2%, he added.
 From the public purse, an undisclosed but large 
sum is spent on royal security; Prince Philip 
receives an annual allowance of £359,000; and there's the Sovereign Grant.
It was £33.3m in 2012/13, £36.1m in the current 
year and will rise to 37.9m the next year.
Such rises at a time of austerity are potentially 
uncomfortable but at a briefing a royal official 
said he was happy to live with a "day's discomfort".
The reality, he said, was that they needed the 
money in order to tackle a very significant 
backlog of property repairs to royal residences 
which are maintained for the nation.
These annual briefings - the focus this time was 
the Diamond Jubilee year - often throw up odd 
nuggets about the ways royals function.
In 2012, we learnt, the cost of laundry increased 
by £200,000; 20% of the Queen's employees 
belonged to a union; and Princess Michael of Kent flew on a budget airline.
Public money used to fund the Royal Family, known 
as the Sovereign Grant, is expected to rise to 
£36.1m in the current financial year and £37.9m in 2014-15.
Sir Alan said a "significant part" of the 
increase for the current year will be used to 
"tackle a backlog in essential property 
maintenance at the working royal palaces".
Asked whether David Cameron supported the 
increase to the Sovereign Grant, a No 10 
spokesman said: "There is a process that is gone 
through. I don't think the Prime Minister disagrees with that process."
Royal staff costs rose from £17.5m to £18.3m in 
2012-13, while the cost of maintaining royal 
buildings increased by £200,000 to £9.1m.
The most expensive royal trip was the Duke and 
Duchess of Cambridge's Diamond Jubilee tour of 
South East Asia and the South Pacific, which cost 
almost £370,000, including a planning visit in advance by staff.
The accounts also revealed £1m had been spent 
repairing and refurbishing the Kensington Palace 
apartment where Prince William and his wife will live.
The overall cost of official air and rail travel 
at home and abroad fell by £500,000 to £4.5m.

'Lavish lifestyle'
Graham Smith, chief executive of campaign group 
Republic, said it was "unbelievable" the Queen 
would "sit silently by as she is handed millions more in public money".
He added: "The Crown Estate is not - and never 
has been - the personal property of the royals.
"The Windsors have no more right to its revenue 
than I do. To claim that it should fund their 
lavish lifestyle is deceitful and dishonest."
The Crown Estate, now worth an estimated £8.1bn, 
does not include the private property of the Queen.
The estate owns a vast range of property, from 
large parts of London's West End to 15 retail 
parks in cities including Liverpool, Swansea and Nottingham.
It also manages the seabed around the UK to a 
12-mile limit, and has been involved in the creation of offshore wind farms.
The Sovereign Grant is worked out as 15% of the 
Crown Estate profit from two years previously, so 
the estate's £240.2m profit in 2011-12 led to the 
£36.1m grant for the current year.
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