Queen Elizabeth II is getting a 78% raise

Moderator: biscuits

 

Postby Hugo » Tue Jun 27, 2017 8:58 pm

Queen Elizabeth II is getting a 78% raise from the government

Image

The Queen received £42.8 million ($54.6 million) in tax-free income from the state last year as her annual "sovereign grant." This year the payment will balloon by 78% to £76.1 million ($97 million).
Payouts from the state are expected to remain at elevated levels for 10 years as Buckingham Palace undergoes an extensive face lift.
Staff have to replace wiring and pipes that are over 60 years old. Visitor access will be improved, but the overall design and exterior of the 775-room London palace will remain the same.
"The project seeks to prevent a serious risk of fire, flood and damage to both the building and the priceless Royal Collection of art belonging to the nation," the U.K. Treasury said last year.
The Crown Estate consists of prime real estate, farms and coastlines that generate hundreds of millions of pounds each year, most of which ends up in government coffers. A portion of the profit is eventually given back to the Queen and her family each year in the sovereign grant.
The Queen uses this money as her expense account, covering the costs of travel, security, staff and the upkeep of the royal palaces.
The Queen also earns income from the Duchy of Lancaster, a private estate of commercial, agricultural and residential properties that dates back to 1265. She earned £14.9 million ($19 million) from this estate and renting out palace space last year. This income was used to help cover official expenses.
Even with millions rolling in each year, the Queen is not able to save much. She spent most of her money on staff and property maintenance in the last fiscal year and only had £900,000 ($1.1 million) left over. The excess was placed in the "Sovereign Grant Reserve," a fancy name for the royal rainy-day fund.
Sir Alan Reid, the official Keeper of the Privy Purse, said the £42.8 million state grant given to the Queen in the last fiscal year equaled out to 65 pence ($0.83) per person in the U.K.
"When you consider that against what the Queen does and represents for this country, I believe it represents excellent value for money," he said on Tuesday.

http://money.cnn.com/2017/06/27/news/qu ... d=39156527
How's your fave doing?
"You are Beyoncé!"
"Thank You."
User avatar
Hugo
HAL 9000
 
Posts: 37261
Joined: Fri Jul 24, 2009
Location: Portugal

Postby Serby » Tue Jun 27, 2017 9:01 pm

Last sentence sounds like somethig Wayne would say. :lol: :lol: <3
User avatar
Serby
Dr. Serby
 
Posts: 34361
Joined: Wed Jan 19, 2011
Location: Halliwell Manor

Postby theArmy » Tue Jun 27, 2017 10:08 pm

Literally: Get money, Queen.
LITTLE CHIX - a new pop sensation on the horizon!
User avatar
theArmy
Legend
 
Posts: 27002
Joined: Fri Feb 04, 2011
Location: Pop Heaven

Postby heppolo » Wed Jun 28, 2017 3:07 am

This comes to mind
Waffles are checked cookies
User avatar
heppolo
Legend
 
Posts: 14437
Joined: Sun May 17, 2009
Location: interchangeable

Postby Guru » Wed Jun 28, 2017 5:25 am

theArmy wrote:Literally: Get money, Queen.
Yasssss!!! Bitches getting paid!!!
| Ciara | Beyoncé | Janet | Toni | Kelly R | Leona | Tinashe | Whitney | Brandy | Monica | Tevin | Mariah | Britney |
User avatar
Guru
Guru
 
Posts: 22777
Joined: Tue Feb 14, 2006
Location: On ukmix.org

Postby MusicRecords » Wed Jun 28, 2017 5:51 am

Ugh can't this old lizard lady just settle with what she has already? She's really old already and has reduced her activities. It's not like her children and grand children aren't settled already :lol: but well if it makes her happy good for her 8-) she should live her last years however she pleases.
User avatar
MusicRecords
Legend
 
Posts: 10435
Joined: Fri Feb 17, 2012
Location: New York City & Vienna

Postby heppolo » Wed Jun 28, 2017 6:25 am

^Prince Charles should be made PM instead of that Theresa May, those "black spider memos" showed us he cares a bit about politics, you know
Waffles are checked cookies
User avatar
heppolo
Legend
 
Posts: 14437
Joined: Sun May 17, 2009
Location: interchangeable

Postby menime123 » Wed Jun 28, 2017 8:01 am

As the article explains, it’s not a pay rise, but a rise on her expense account with the money put towards good use. It’s not as if she spends it all drinking champagne and eating caviar whilst walking around in her crown listening to a bit of Shirley Bassey.

No, she is continuously working, out and about lending her name and time to numerous good causes. She has dedicated her entire life to her people and if around £1 of my taxes go to her every year, I give it willingly.
Girls Aloud: Only 5 years until their 20th anniversary reunion tour! (and only 5 years until I can change my signature...)
User avatar
menime123
Superstar
 
Posts: 9346
Joined: Sun May 01, 2005

Postby MusicRecords » Wed Jun 28, 2017 8:04 am

menime123 wrote:As the article explains, it’s not a pay rise, but a rise on her expense account with the money put towards good use. It’s not as if she spends it all drinking champagne and eating caviar whilst walking around in her crown listening to a bit of Shirley Bassey.

No, she is continuously working, out and about lending her name and time to numerous good causes. She has dedicated her entire life to her people and if around £1 of my taxes go to her every year, I give it willingly.
Yes I see now, all these articles are so misleading. They could've said a good chunk of the money is going towards the palace renovation right upfront
User avatar
MusicRecords
Legend
 
Posts: 10435
Joined: Fri Feb 17, 2012
Location: New York City & Vienna

Postby Serby » Wed Jun 28, 2017 10:06 am

It says tho, in the first third of the article. :lol:
User avatar
Serby
Dr. Serby
 
Posts: 34361
Joined: Wed Jan 19, 2011
Location: Halliwell Manor

Postby Hugo » Wed Jun 28, 2017 10:10 am

Serby wrote:It says tho, in the first third of the article. :lol:
:roll: :roll: Right???
"You are Beyoncé!"
"Thank You."
User avatar
Hugo
HAL 9000
 
Posts: 37261
Joined: Fri Jul 24, 2009
Location: Portugal

Postby MusicRecords » Wed Jun 28, 2017 10:50 am

Serby wrote:It says tho, in the first third of the article. :lol:
I mean the headline, silly :lol:
Most people only read the headlines these days and don't bother reading the article, it's kinda like clickbait. Anyway the first third of the article is getting into it already which is not upfront.

Anyway I still don't like this old lizard :P
User avatar
MusicRecords
Legend
 
Posts: 10435
Joined: Fri Feb 17, 2012
Location: New York City & Vienna

Postby theArmy » Wed Jun 28, 2017 2:07 pm

MusicRecords wrote:Anyway I still don't like this old lizard :P
:lol: :lol: :lol: :lol:

*Wayne putting the finishing touches on MR's ban*
LITTLE CHIX - a new pop sensation on the horizon!
User avatar
theArmy
Legend
 
Posts: 27002
Joined: Fri Feb 04, 2011
Location: Pop Heaven

Postby samra » Wed Jun 28, 2017 4:43 pm

MusicRecords wrote:
Serby wrote:It says tho, in the first third of the article. :lol:
I mean the headline, silly :lol:
Most people only read the headlines these days and don't bother reading the article, it's kinda like clickbait. Anyway the first third of the article is getting into it already which is not upfront.

Anyway I still don't like this old lizard :P
Mesmerised at the lack of self-awareness on display here. You wouldn't share your thoughts on a song without listening to it, why not the same with news?

You identified that people not engaging properly with news is a problem these days but instead of doing something about it, you're just embracing it?
Listen to my 2016 Eurovision Song Contest entry: MIRACLE
User avatar
samra
Superstar
 
Posts: 9886
Joined: Thu Dec 22, 2011
Location: Azerbaijan

Postby MusicRecords » Wed Jun 28, 2017 6:31 pm

samra wrote:
MusicRecords wrote:
Serby wrote:It says tho, in the first third of the article. :lol:
I mean the headline, silly :lol:
Most people only read the headlines these days and don't bother reading the article, it's kinda like clickbait. Anyway the first third of the article is getting into it already which is not upfront.

Anyway I still don't like this old lizard :P
Mesmerised at the lack of self-awareness on display here. You wouldn't share your thoughts on a song without listening to it, why not the same with news?

You identified that people not engaging properly with news is a problem these days but instead of doing something about it, you're just embracing it?
Actually I have a Communications/Media degree and we studied this and very well accept the fact that people want to read less and less. Not many read full newspapers anymore, and even social media today encourages just short headlines as news. Snapchat for example gives u a short video of quick important news cause most people don't sit for the 30 mins or hour of full tv news anymore, and now u can even have quick headlines as notifications on your phone. People simply aren't reading (or writing, for that matter) as much as before and it's too late to try to turn back, our media/online world is embracing it more and more and people are simply liking that, welcome to the new era :wink:

Also, my problem isn't about not reading the news but rather news having misleading titles, they know they're misleading and purposely do this to cause more reactions from people
User avatar
MusicRecords
Legend
 
Posts: 10435
Joined: Fri Feb 17, 2012
Location: New York City & Vienna

Postby Wayne » Wed Jun 28, 2017 6:48 pm

menime123 wrote:As the article explains, it’s not a pay rise, but a rise on her expense account with the money put towards good use. It’s not as if she spends it all drinking champagne and eating caviar whilst walking around in her crown listening to a bit of Shirley Bassey.

No, she is continuously working, out and about lending her name and time to numerous good causes. She has dedicated her entire life to her people and if around £1 of my taxes go to her every year, I give it willingly.
Basically, this.

And yes - call her a name again MR and you're SOOOOO banned. :lol:
User avatar
Wayne
Administrator
 
Posts: 47367
Joined: Thu Sep 07, 2006
Location: United Kingdom

Postby Guru » Wed Jun 28, 2017 8:06 pm

This!!!

| Ciara | Beyoncé | Janet | Toni | Kelly R | Leona | Tinashe | Whitney | Brandy | Monica | Tevin | Mariah | Britney |
User avatar
Guru
Guru
 
Posts: 22777
Joined: Tue Feb 14, 2006
Location: On ukmix.org

Postby Crackiswack » Thu Jun 29, 2017 4:31 am

Well the Queen is a beloved presence within the UK, so I think she deserves it.

It's not like if Trump got a raise here in the States, where the majority dislike him. All hell would break lose :lol:
Please Stop the Music
User avatar
Crackiswack
Manager
 
Posts: 2543
Joined: Sun Feb 07, 2016

Postby Loveguru » Sat Jul 01, 2017 7:35 am

ah okay :roll:
Forever Young
User avatar
Loveguru
Legend
 
Posts: 16656
Joined: Thu Mar 26, 2009

Return to World News & Politics