For decades, parliament has been far too lenient about the royal family’s finances. This avaricious practice needs to end, says the former Liberal Democrat MP Norman Baker
It is standard practice for the royals to seek to minimise their personal expenditure while maximising their income from other sources, normally the public purse.
Edward VIII found cash from those who died intestate in the boundaries of the duchy was sitting in an account in case claims arose against it.
George VI did very well out of the loyal servicemen who died serving their country in the second world war, who originated from within the confines of the duchy and had no will.
As disquiet about the practice of bona vacantia grew after the war, the royals announced that moneys collected would henceforth be given to charity – after processing costs had been deducted, of course.
Moneys we all thought were going to charity have instead been used to improve properties owned by the duchy, increasing the income stream that flows from them into Charles’s pockets.
Back in Queen Victoria’s reign, the government was told she was desperately short of cash to undertake her duties so a big uplift was provided.
The original article contains 759 words, the summary contains 172 words. Saved 77%. I’m a bot and I’m open source!
This is the best summary I could come up with:
It is standard practice for the royals to seek to minimise their personal expenditure while maximising their income from other sources, normally the public purse.
Edward VIII found cash from those who died intestate in the boundaries of the duchy was sitting in an account in case claims arose against it.
George VI did very well out of the loyal servicemen who died serving their country in the second world war, who originated from within the confines of the duchy and had no will.
As disquiet about the practice of bona vacantia grew after the war, the royals announced that moneys collected would henceforth be given to charity – after processing costs had been deducted, of course.
Moneys we all thought were going to charity have instead been used to improve properties owned by the duchy, increasing the income stream that flows from them into Charles’s pockets.
Back in Queen Victoria’s reign, the government was told she was desperately short of cash to undertake her duties so a big uplift was provided.
The original article contains 759 words, the summary contains 172 words. Saved 77%. I’m a bot and I’m open source!