On the very day that our disgusting coalition government gives a huge tax cut to millionaires and hammers the poor, one little old lady billionaire has had a tidy little top-up. Yes, our unelected head of state has just trousered a UKP 5 million pay rise, raising the bundle of public money that our royal parasite gets from UKP30 million to UKP 36 million per annum.
However, the keen-eyed among us have noticed that as Buckingham Palace is owned by the state, then Liz effectively lives in 'social housing' - and this old house has rather a lot of spare bedrooms. Curiously though, the sniveling coalition toadies don't seem to have applied there disgracefully regressive 'bedroom tax' to this old dear. Funny that.
'The Queen has received a £5m boost in the funds she receives from the taxpayer to carry out her official duties.
'The sovereign grant, which covers the running costs of the Queen's household, has been set at £36.1m for the 2013-14 financial year.
'The figure has increased from the £31m allocated during the previous 12 months which included £1m to cover the extra costs of the diamond jubilee.
'The sovereign grant replaces the old funding system of the civil list and grants-in-aid and came into full effect at the start of the new financial year, which began on Monday. It also covers the maintenance of the royal palaces in England and the cost of royal travel for official engagements in the UK and overseas tours.
'Under the new grant the Queen receives 15% of the profits from the Crown Estate, but from funds two years in arrears.' (Guardian article).
media-underground.net