(AP Photo/Kirsty Wigglesworth, File). Keeper of the Privy Purse Michael Stevens said Friday. She instead has to go through the Keeper of the Privy Purse, who is in charge of this huge fortune. Britain’s Queen Elizabeth II and her family are facing a 35 million pound ($45 million) hit from the coronavirus pandemic, partly due to a shortage of tourists. Keeper of the Privy Purse 1660–1837. During the annual briefing on the royal finances, it emerged that a loss of £15m is expected over the next three years as a result of a drop in income from the Royal Collection Trust, which has seen a substantial drop in visitors to properties such as Buckingham Palace and Windsor Castle. ", Royal Family: Flights for two-day trip taken by Prince Charles cost £210k, figures show, as financial hole emerges, Prince Charles needed to use private charter flights because the visit was at very short notice, Prince Charles was pictured with the new Sultan of Oman during his two-day trip in January, Princess Anne took a charter flight costing £16,440 so she could fly to Rome to watch Scotland play rugby. The new digital way of working, due to coronavirus, means Charles, famed for his handwritten “black spider memos” now possesses a tablet, though still no mobile phone. Prince Charles had flown to Oman to pay his condolences following the death of Sultan Qaboos bin Said - and private charter flights needed to be used because the visit was at very short notice. Please use Chrome browser for a more accessible video player.

FILE - In this Saturday, June 17, 2017 file photo, members of Britain's Royal family from left, Camilla, the Duchess of Cornwall, Prince Charles, Princess Eugenie, Queen Elizabeth II, background Timothy Laurence, Princess Beatrice, Prince Philip, Kate, the Duchess of Cambridge, Princess Charlotte, Prince George and Prince William watch a fly past as they appear on the balcony of Buckingham Palace, after attending the annual Trooping the Colour Ceremony in London.

Alan Reid, the queen's treasure – known as Keeper of the Privy Purse – told reporters Tuesday that the cost of the British monarchy to each individual citizen represented "value for money". Sir Michael Stevens, Keeper of the Privy Purse said: "In responding to both these financial challenges we have no intention of asking for extra funding and will look to manage the impact through our own efforts and efficiencies.". A source said he attended as patron of the golf club, and a charter flight was “the only way to get him to complete his engagements”.

Both trips were on behalf of the UK government and the Foreign Office. • This article was amended on 25 September 2020. There is one job with the highest reported salary—the Keeper of the Privy Purse. All rights reserved. LONDON (AP) — Britain’s Queen Elizabeth II and her family are facing a 35 million pound ($45 million) hit from the coronavirus pandemic, partly due to a shortage of tourists. Stevens said the royal household would not ask for more government money but would “look to manage the impact through our own efforts and efficiencies.”. The one-off payment for a number of years’ rental is set at a commercial rate and takes into account the property’s enhanced value as a result of the refurbishment.

This material may not be published, broadcast, rewritten, or redistributed. But paper will not be entirely eliminated from Clarence House. The accounts show that the monarchy cost British taxpayers 69.4 million pounds in the year to the end of March.

Falling visitor numbers to royal residences will see the Queen lose around £5m each year for at least the next three years, said Sir Michael Stevens, keeper of the privy purse. Sept. 25, 2020 that a lack of income from visitors to royal buildings was likely to bring a shortfall of 15 million pounds over three years in the royal household’s general funding. A senior palace source indicated the private rental agreement would cover the £2.4m the couple agreed to repay to the sovereign grant. Sept 2019: What happened on the royal tour of Africa? "Now it's sort of flattening out and plateauing so yes, they have a problem but they've really had good times for the last nine years or so.".

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