ChatterBank3 mins ago
Should The Taxpayer Continue To Fund These Minor Royals?
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For more on marking an answer as the "Best Answer", please visit our FAQ.Frogmore Cottage, 19th century property had been converted into five smaller staff houses and needed to be turned back into a single home. Ceilings and floors were replaced along with the addition of new bathrooms, bedrooms and a kitchen.
Aides say any costs above the agreed budget were met privately by the couple.
Absolutely disgusting when we have people sleeping on our streets, our youngster who can't even get social housing never mind a chance to get on their own property ladder, parents who are taxed if they pass their homes onto their children and the elderly house owner who have their homes given over to the Government, so as to pay for their keep in a elderly care home.
And how on earth did they run up a bill of £2.5million? Easily :-
https:/ /www.ro yal.uk/ houses- frogmor e
https:/
Had you read (and understood) your link AOG, you would have learned that the taxpayer is not directly funding these renovations. They are paid for out of money returned to the Royal family from money the Royal family pays to the state, income from the Royal estates.
Righteous indignation is all very well and good but it needs to be founded on fact.
'Separate accounts show the Royal Family's commercial property arm, the Crown Estate, provided £343.5m to the Treasury in 2018-19, up 4.3% on last year.
The Sovereign Grant is funded by profits from the Crown Estate.'
Righteous indignation is all very well and good but it needs to be founded on fact.
'Separate accounts show the Royal Family's commercial property arm, the Crown Estate, provided £343.5m to the Treasury in 2018-19, up 4.3% on last year.
The Sovereign Grant is funded by profits from the Crown Estate.'
What is the Crown Estate?
◾An independent commercial property business and one of the largest property portfolios in the UK
◾The majority of assets are in London, but the estate also owns property in Scotland, Wales and Northern Ireland
◾Holdings include Windsor Great Park and Ascot racecourse, but most of the portfolio is made up of residential property, commercial offices, shops, businesses and retail parks
◾Managed by an independent organisation, with any profit paid to the Treasury for the benefit of all UK taxpayers
◾Dates back from the time of the Norman Conquest
◾Has been managed on behalf of the government since 1760 when George III handed over its running in return for an annual payment
◾Funds the Sovereign Grant which supports the official duties of the Queen and maintains the occupied royal palaces
◾An independent commercial property business and one of the largest property portfolios in the UK
◾The majority of assets are in London, but the estate also owns property in Scotland, Wales and Northern Ireland
◾Holdings include Windsor Great Park and Ascot racecourse, but most of the portfolio is made up of residential property, commercial offices, shops, businesses and retail parks
◾Managed by an independent organisation, with any profit paid to the Treasury for the benefit of all UK taxpayers
◾Dates back from the time of the Norman Conquest
◾Has been managed on behalf of the government since 1760 when George III handed over its running in return for an annual payment
◾Funds the Sovereign Grant which supports the official duties of the Queen and maintains the occupied royal palaces
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