Royal family gets a pay rise

Print Friendly, PDF & Email
Share to Google Classroom

The Royal family is about to get a pay rise.

A small committee of British MPs has approved an increase of 10 percent to the Crown Estate income.

According to the committee, the extra money will go towards funding a $583 million renovation of Buckingham Palace.

The increase will mean the Queen will receive more of the annual profits made from the Crown Estates. At present, she receives 15 percent or $68 million but that amount will now go up to 25 percent, around $123 million.

On the committee, only two MPs from the Scottish National Party spoke out against the increase.

Renovations on Buckingham Palace are due to begin in April, with electrical cabling, plumbing and boilers all in urgent need of replacement.

The work will take place over a decade, so as not to interrupt the changing of the guard or planned garden parties.

The Queen will remain in residence during the renovations.

Leave a Reply

Your email address will not be published. Required fields are marked *

There’s a new genius in town, and she’s only 2...
In a hair-raising tale from Uttar Pradesh, India, meet Smita...
In a bizarre incident in Newcastle, New South Wales, Australia,...
The Comedy Wildlife Photography Awards are back, and this year...

World & National News

New Transport Minister Simeon Brown has asked the New Zealand...
Sonic the Hedgehog 3 is zooming into production and will...
In a historic address at COP28, King Charles III has...
Christmas is just around the corner, and what better way...