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Royal finances: Monarchy to get £45m extra funding - BBC News (www.bbc.co.uk)

submitted 4 months ago by sabreW4K3@lazysoci.al to c/uk_politics

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[–] withabeard 18 points 4 months ago (2 children)

The headline there (from the BBC) is incendiary at a minimum.

I'm no Royalist. But the Monarch actually takes less of a percentage from the estate than they used to. 12% this year down from 25% last year. What has happened, is the crown estate is making more money due to financing green energy strategies which are both environmentally beneficial and financially sound.

The Monarch taking 12% from the estate, and the estate getting richer means there is more money going into the public domain from the estate that there has been before. This isn't "money from the gubment" being given to the monarch. This is the monarchs businesses are doing better than they have before.

[–] hellothere@sh.itjust.works 7 points 4 months ago (1 children)

The Monarch taking 12% from the estate, and the estate getting richer means there is more money going into the public domain from the estate that there has been before. This isn't "money from the gubment" being given to the monarch. This is the monarchs businesses are doing better than they have before.

Remind me, how did they come to own that land?

[–] OrlandoDoom 3 points 4 months ago

Stole it, that's how we get stuff in England, just look at our museums

[–] 1rre@discuss.tchncs.de 6 points 4 months ago* (last edited 4 months ago) (2 children)

I guess "government getting 340 million more from monarchy this year" doesn't have quite the same ring to it

[–] Skullgrid@lemmy.world 5 points 4 months ago

It would have been even worse had there been no king, if it was given to the conservatives to control. Instead of renewables, it would have probably gone to fracking

[–] taanegl@beehaw.org 3 points 4 months ago

Liberalists cry into their guano coffee. "Nooo! You're not supposed to do that!"

But honestly, if a European monarchy has not become self sustaining by this point, they should be dissolved, but goddamn they be raking in the money.

Also, the nordic monarchies do more as philanthropists than most billionaires and they focus on cultural preservation.

The American brain cannot comprehend.