{"id":75772,"date":"2020-09-25T20:05:51","date_gmt":"2020-09-25T17:05:51","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/queen-elizabeth-faces-45-million-shortfall-due-to-covid-19\/"},"modified":"2020-09-25T20:05:51","modified_gmt":"2020-09-25T17:05:51","slug":"queen-elizabeth-faces-45-million-shortfall-due-to-covid-19","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/queen-elizabeth-faces-45-million-shortfall-due-to-covid-19\/","title":{"rendered":"#Queen Elizabeth faces $45 million shortfall due to COVID-19"},"content":{"rendered":"

“#Queen Elizabeth faces $45 million shortfall due to COVID-19<\/strong>”
\n<\/p>\n

\n Britain\u2019s 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, the monarch\u2019s money-manager said Friday.<\/p>\n

Releasing the royal household\u2019s annual accounts, Keeper of the Privy Purse Michael Stevens said a lack of income from visitors to royal buildings was likely to bring a general<\/a> funding shortfall of 15 million pounds ($19 million) over three years.<\/p>\n

He said the impact of the pandemic is also likely to cause a 20 million-pound ($25.4 million) shortfall in a 10-year, 369-million-pound program to replace antiquated heating, plumbing and wiring at Buckingham Palace, the queen\u2019s London home.<\/p>\n

Officials have said the palace\u2019s aging infrastructure, which had its last major upgrade after World War II, is at risk of a catastrophic failure if it\u2019s not replaced.<\/p>\n

Stevens said the royal household would not ask for more government money but would \u201clook to manage the impact through our own efforts and efficiencies.\u201d<\/p>\n

Buckingham Palace has already introduced a staff pay freeze and a halt to hiring.<\/p>\n

The accounts show that the monarchy cost British taxpayers 69.4 million pounds ($88.2 million) in the year to the end of March, an increase of 2.4 million ($3.1 million) on the previous financial year.<\/p>\n

The accounts also show that Prince Harry and his wife, Meghan, paid an undisclosed sum to reimburse the public purse for rent and refurbishment of their Frogmore Cottage home near Windsor Castle. The exact sum will app<\/a>ear in next year\u2019s accounts. The renovation costs alone for the home were 2.4 million pounds ($3.1 million.)<\/p>\n

Harry, 36 and the former Meghan Markle, 39, married at Windsor Castle in May 2018. The couple announced early this year they were quitting royal duties and moving to North America, citing what they said was the unbearable intrusions and racist attitudes of the British media<\/a>. They recently bought a house in Santa Barbara, California<\/a>.<\/p>\n

Harry and Meghan signed a lucrative deal this month to produce nature series<\/a>, documentaries and children\u2019s programming for streaming service Netflix.\n <\/p><\/div>\n

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If you want to read more News<\/a> articles, you can visit our News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Queen Elizabeth faces $45 million shortfall due to COVID-19” Britain\u2019s 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, the monarch\u2019s money-manager said Friday. Releasing the royal household\u2019s annual accounts, Keeper of the Privy Purse Michael Stevens said…<\/p>\n","protected":false},"author":1,"featured_media":75773,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/09\/queen-elizabeth-covid-shortfall.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[72643,1545,71225,4966],"class_list":["post-75772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-9-25-20","tag-coronavirus","tag-queen-elizabeth-ii","tag-united-kingdom"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/75772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=75772"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/75772\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/75773"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=75772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=75772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=75772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}