- Thu Apr 06, 2023 8:23 am
#42118
This could also have gone in the Tories thread. It shows how much the unspeakable scum are prepared to suck up to the upper-class scrounger's.
King Charles III’s public rejection of a pay rise potentially worth as much as £250m a year in extra taxpayer money has laid bare the extraordinarily generous funding arrangement introduced by the former prime minister David Cameron.
The sovereign grant deal, ushered in by Cameron and his chancellor, George Osborne, in 2011, has already resulted in a sharp rise in public money going to the monarchy over the last decade.
In the first financial year of the deal – 2012-13 – the budget to fund the monarchy was set at £31m. Last year, the monarch received £86.3m, including a substantial amount to refurbish Buckingham Palace. According to the terms of the sovereign grant prescribed in legislation, Charles would potentially be in line for future payments in excess of £330m a year.
https://amp.theguardian.com/uk-news/202 ... h-windfall
Against the backdrop of a cost of living crisis, the new king has signalled he will forgo some of the cash windfall so it can be spent on the “wider public good”.That's good of him. He'll still trouser in one year more money than most of us will see in a whole lifetime.
It might only be the Imperial Service Medal, but I've got a gong. What's Paul Dacre got?