Wednesday, October 27, 2010

Money for the Queen

http://www.independent.co.uk/environment/green-living/queen-set-to-earn-millions-from-windfarm-expansion-2115629.html

The British government continues to cut billions in public spending, however the royal family's finances are not threatened. The government will be investing 200 million Euros in wind-farms, which will be placed in the seabed in British territorial waters. Owned by Crown Estate, operators are required to pay Crown Estate a fee for running cables along the seabed and must also pay Crown Estate a percentage of their profit. In order to finance the royal family, parliament will require that the royal family receive a portion of Crown Estate's income. With the government's investment, Crown Estate is predicted to produce a greater income in the upcoming years, thus benefiting the royal family. With billions being cut in public spending, it is good to know that the royal family is OK.

1 comment:

  1. this one just makes me smile, love HER:) the queen, that is.

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