Counting the cost of the monarchy a finacial report.
For many years now, the Royal Household has tried to claim that the monarchy is good value for money. Each year they produce an of finacial report, setting out what they’ve spent of taxpayers’ money. Every year the report is couched in spin and misses signifcant costs such as security, money spent by local councils and lost revenue from the Duchy’s
The coverage of royal costs is also led astray by wild claims about the money the monarchy is supposed to bring back into the country through tourism and trade. The reality is that the cost to the taxpayer runs into the hundreds of millions every year, while the tourism and trade revenue is a gment of the spin doctor’s imagination.
The British Head of State is incredibly expensive, at around £345m a year. That’s public money we could be spending on teachers, police or health services. This report shows that per head royals are the most expensive public of cials, costing around £19.1m a year each.
Because the royals can spend money at will and without the likelihood of being directly challenged they continue to abuse the system – we ask in this report if this abuse amounts to corruption.
