A report into royal spending has revealed the Queen is expected to receive a significant 'pay rise' to run her household and schedule official engagements next year.
While making the recommendation for the increase, the NAO report also
gives the royal household credit for reducing expenditure in real terms
by scaling back spending. According to the figures real-term expenditure
was £32.9million in the period of 2011-2012, compared to £72.6million
in 1991-92.
The cutbacks have meant the Queen has repeatedly dipped into her savings
and is said to be down to her last £1million, leaving the household
vulnerable to "unexpected costs". Click link for full post from Hello Magazine.
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