Sunday, July 02, 2006

Royals a drain on the public purse

"Now to that perennial question that keeps on appearing in the British tabloids on quiet news days - does the Royal Family represent value for money?

"After the release of the latest report into the finances of the monarchy showed the annual cost had risen sharply, Queen Elizabeth has been accused of being an excessive burden on the taxpayer.

"However, the highest travel expenses were incurred by the Prince of Wales and his wife, and critics are demanding that the Royals cut back on their spending ...

"Last year, the cost to the taxpayer of the Queen and the Royal Family reached a record high -- $93 million ..."
Source

The price of blue blood: How the Royals are minting it
More at Google News

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