COVID-19 has devastated numerous sectors of the world economy, and even royalty is not immune. As People reports, with no end in sight to the ongoing pandemic, an estimate of the Queen’s finances indicates that lost revenue from cancelled tourist visits and assorted events at Buckingham Palace will drain $25 million from the royal coffers That forecast was made in a palace briefing on Thursday by Sir Michael Stevens, Keeper of the Privy Purse, which controls the Sovereign Grant handling the funds to pay for “official duties of the Queen, 94, her family and maintenance of occupied royal residences,” notes People.
RELATED: The Queen Is Missing Royal Ascot For The First Time In Her 68-Year Reign “If we look at our core Sovereign Grant and the
Read more on etcanada.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.