No extra income for the queen Camila, who will not receive compensation from the British Parliament as Prince Philip, husband of Elizabeth II, did. The activities of the queen consort will be fully financed by the Sovereign Grant, a public contribution paid to the Crown in exchange for a percentage of the income of the Crown Estate (a financial portfolio that includes, among others, numerous real estate properties).
And do ut des especially complex and balanced, from which other conquests of the monarchy are obviously excluded, such as those of the merchandising signed from Buckingham Palace. Taking into account the numerous incomes of the family, the new queen did not consider it necessary to have an extra, which for Prince Felipe amounted to 360,000 pounds per year (about 419,000 euros), paid by the State even after 2017, the year in which the consort of the sovereign withdrew from public life. A life annuity that cannot be automatically transferred to her daughter-in-law: making these funds available to her would have required a law to this, which, however, no one felt the need to do. The Sovereign Grant should also be able to cover any additional expenses of current sovereigns, especially those related to travel, at home and abroad.
Charles III and Camilla.
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Isabel II, for reasons of age, moved very little, Carlos and Camila, on the other hand, have a much more active life. “These changes may affect spending profiles, but would be part of the funding available in the grant,” reads the annual report of the NAO (the National Audit Office, an independent body of Parliament that oversees and discloses, among other things, the expense of the Crown, for the purposes of maximum transparency).
An economic choice, which adapts very well to the imprint that Carlos III wants to give to his kingdom. The new regime provides lower wages for family members y controlled expenses. Even the heating of the pool at Buckingham Palace has been turned off: the son of Elizabeth II will not go down in history as a profligate king. And all the royals senior They have already adapted.
Article published in Vanity Fair Italy and translated. access the original here.
2023-07-15 12:34:28
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