How Much Does The Royal Family Cost?
The Queen has published her financial accounts, which show that the Royal Family cost the taxpayer 52p per person last year.
But the figure, published in the public finances annual report, does not include the cost of providing security and police protection for members of the monarchy.
The Queen's official expenditure increased by £200,000 from £32.1m in 2010-11 to £32.3m in 2011-12.
The cost to pay for official air and rail travel at home and abroad for members of the Royal Family increased by £100,000 from £6m in 2010-11 to £6.1m in 2011-12.
The most expensive bill for a single trip was for the Prince of Wales's official visit to Kuwait and Qatar last autumn and then on to South Africa and Tanzania when he was joined by the Duchess of Cornwall.
The cost of the Duke and Duchess of Cambridge's flight home from California after a visit to the US state last summer came to £51,410, as William and Kate and their adviser Sir David Manning were upgraded from business to first class seats on the scheduled British Airways flight.
But the cost of running the Buckingham Palace press office, maintaining the official website and providing information to the public fell from £500,000 to £400,000.
Civil List funding, much of it used to pay the wages of her Royal Household staff, fell by £100,000 from £13.7m to £13.6m.
Sir Alan Reid, Keeper of the Privy Purse, said: "When the Chancellor of the Exchequer announced his plans for the public expenditure to reduce by 25% in real terms over a four-year period, the Queen was very keen that the Royal Household should play its part in reducing its expenditure accordingly.
"We are pleased to report that we have achieved this reduction a year ahead of the public expenditure target and managed to transfer £3.3m to the Sovereign Grant reserve.
"The decrease in expenditure is due mainly to the continuation of a pay freeze, increased income generation, and the deferral of property maintenance expenditure.
Royal finances are in a transitional phase as the old system is phased out and a new Sovereign Grant funding model is introduced.
It will replace money from the Civil List, Government funds which cover the official expenses of the Queen and her household, and grants-in-aid.
Under the new grant, the Queen will receive 15% of the profits from the £6.7bn Crown Estate.
The grant for the 2012/13 financial year has already been set at £31m but for 2013/14, when the new formula begins, it is estimated to be worth £36m.
Meanwhile, pipers, dancers and drummers are gearing up to parade down Edinburgh's Royal Mile to mark the Queen's visit to Scotland during the Diamond Jubilee year on Thursday.
The Queen began her week-long residence in Scotland today and, alongside the Duke of Edinburgh, she will visit Edinburgh, Glasgow and Perth, taking part in various engagements.
what do you think?
Worth every penny. Who in their right mind would ever want a President with all the corruption that it entails. Our Monarchy system may be a little antiquated, but it's the thread in our Englishness and our tapestry of life or our identity with which we can associate and identify with as a family nation. Long live the Queen and long live England!
Well said Roger. Have you read Anthony Smiths' comment. By the way... he is no relation to me, thank God
off with their heads...................
I like the royal family but they need to get off their backsides and get jobs
What on earth are you talking about Anthony... they do work... the Queen at the age of 86 is still working.
I suspect they work a lot harder than very many people.
work is when you do a bit of physical labour or you have to use your brain a bit more than usual.getting in and out of limos and on and off planes to destinations around the world we can only dream of,eating the best food in the world ,drinking the best drink,looking at the best art ,counting the most money...do not constitute work,no matter how you try to frill it up,its NOT work.
There are many sorts of jobs, who is to say one is less stressful or less important than another? Theirs is to act as ambassadors for our country. And I for one think they do it very well. Long live The Queen (and raspberries to those of you who think otherwise!)
Less than what we spend on the EU.
i should hope so.............the eu is a continent,the royals are a family
EUROPE is a continent.Don't confuse it with the EU which is a bloated money sucking,corrupt,unelected, undemocratic monster. All we need is someone to slay it.
lol you said what i was thinking about the royals" bloated money sucking,corrupt,unelected, undemocratic monster. All we need is someone to slay it."
Windows Live User
How Much Does The Royal Family Cost? It cant be as much as our bankers, surely
you fool.....they are the bankers,they own all the trust fund and hedge fund that you and everyone else props up and pays the dividends on.lol.you fool.
To much Everyone else is benifits have been cut to so how about cutting theres dont exactly see them on the bread line like a lot of people are in this country at the moment there all ready had a wedding and jubulee celabrations at the cost of the taxpayer this year how about reigning in a bit
the amount of money they generate for the economy far outways what they cost
ok Sarah so give or take say a couple of hundred thousand ,please tell us how much (that is solely attributed to the monarchy ) that they bring in tourism !!! we would love to know.
well said Paul
I am prepared to go to 70 pence.
more fool you then
i'll pay upto £1
yes sir ,no sir,anything you say sir....you sheep,go doff your cap st the palace gates,theres a good surf.
How about letting the people have an opt out of their tax going to the royals? Then all the royalists can continue to fund the royals life style, and the republicans can spend their 52p how they wish.
this is a brilliant idea, sick of hearing people whining about the royals, this would shut them up. I very much doubt royalists are in the minority in this country, even if half of all tax payers decided to opt out (and I dont believe the figure would be near that) that would put the cost to us up to £1.04 per year, I can live with that :)
you seem to forget some of us Republicans disagree with the principal of an un elected head of state .Not just the cost .They have only got where they are today through many years of bribery,coercion,incarceration and death.Its more than high time they were gone.
Lee: Why do you think an elected head of state would be better? Most of them, being politicians, are only in it for whattey can get out. At least our royal family, as exemplified byy the Queen and Philip have a strong sense of duty and service. The queen gives us continuity and as an apoloitical figure a degree of balance. Give me an heredity Hof S any time over the alternatives.
why do the political wolves insist on replacement ,with a head of state? just get rid,dont replace,its only political dogma that demands someone to do this "job" ..off with their heads(queen of hearts)
They cost far too much. In fact, it's about time we did away with them. Some say they 'work hard'. Doing what exactly? Anybody can attend banquests, cut ribbons and 'chat' to people, that's not hard. What is the Royal Family for? do people honestly think our tourist industry would die just because they weren't there? I don't think so. They are used as a mask for whatever the politicians want to do. That's so they can make up some horrible legislation and call it 'the Queen's Speech'. They can also use her constitutionally to remove a government the establishment don't approve of such as they did with Gough Whitlam's government in Australia in 1975. All they are is a mediaeval relic and it's time we cam into the 21st century. It sickens me when I see grown men and women bowing and scraping to these people. Their ancestors robbed my ancestors blind, and yours, let's take it back off them.
Robin Van Der Spiegel
here we go again....
i am amazed your only one ngative score what with all the idiots who are still doffing their caps to the lord and lady, lets go french.............off with their heads.
Its only 1p per person per week!! how many single mum in your family?? they cost us a lot more...
They shouldn't cost us a single penny. They're rubbish.
d and d Phillips
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What else can you get for 52p these days?
i dont know off hand, but at least give me choice of giving it over or not.the assumption i want them working for me is just that.i would rather go french.
don't know either Chris but all i know is that i would be happier with it being in my pocket than theirs.Awful parasites.
I'd like a choice on what some of my tax goes on as well but we don't. Do you really think a president would cost less?
its time the royal family were told if they want to live a life of luxury big palaces fancy motors yachts planes lavish banquets castles its time they paid for it out of their own pockets. why should the tax payer subsidise their lavish lifestyles. millions on their weddings when their subjects are living in povert. they are tarred with the same brush as the money grabbing politicians. take take take. they oughta be ashamed in this day and age
Robin Van Der Spiegel
I may be wrong but my understanding is that the profits from the crown's estate is paid straight to through treasury, or the tax payer if you like. The monarchy is then granted 15% of that figure as an income. As an example, the profit for this year was £240m, meaning the monarchy will receive £36 million next year. Tell me, how is the tax payer paying for their lavish lifestyle? I think it sounds like a pretty good deal for Joe public to be honest
now mr spiegel why does your view not surprise me. you really shouldnt believe everything you are spoon fed by facts and figures. try thinking for yourself sometimes. crowns estates you are talking about land stolen over the years by a bunch of murderers and bullies . land that by rights should belong to the nation
Apart from the fact that the figures relating to cost of the monarchy are completely fabricated bunkum, the figure of '52p per person' assumes that every living person in this country pays tax....which, of course, is not the case!!!
"President" Tony Blair and Cherie would cost just as much and I'd rather stick with the monarchy. Do you want your country to be headed by a divisive polititian, or a nonentity, to avoid offending anyone? Do you wish to see Britain's Head of State upstaged by other countries?
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Ive just noticed how many medals prince phil has got displayed what are all them for ? certainly not valour or bravery more likely for breathing and not piddling on the floor. Please dont think im singling phil out charlies got medals for having huge ears and being a bit strange (oh dear back to the interbreeding) and airmiles has got his with airmiles vouchers and the other brother (so pointless his name escapes me ) got his for singing about a ***-bar ***-bar and making prestigious films about `important` royalty
If you google your question you will get the answer.
HeyTracey i'm a republican so i cannot stand the royals.However i think that Phil the greek actually has earned some of them........and i think most were given by Liz just for show.
they have got where they are today by having the biggest wallet and the longest sword .It is more than high time they were gone.
Why are people moaning it's only 1p a week!! Think how much africa and all the immigrants costs us each year and they earn us f all instead take take take take take take take take take
Royle family? What would Jim and Barb have to say about it, not to mention Denise!
A family of five could have a summer holidays for 20years with flights there and back, for the £51,410 it cost to bring them back from USA.