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-   -   Buckingham Palace to get £369million modernisation works (https://www.cableforum.uk/board/showthread.php?t=33703973)

pip08456 20-11-2016 23:17
Re: Buckingham Palace to get £369million modernisation works
 
No. The agreement cannot be modified by either party. The ONLY change that can be made is that the Crown Estate is handed back to the Monarch and that won't happen as it is a cash cow for the country.

Last year the Crown Estate's property evaluation was £12 billion with a £304.1 million net revenue profit

Pierre 20-11-2016 23:41
Re: Buckingham Palace to get £369million modernisation works
 
The Crown Estate is run quite agressively commercially. Trust me I know.

pip08456 20-11-2016 23:54
Re: Buckingham Palace to get £369million modernisation works
 
Quote:
Originally Posted by Pierre (Post 35870819)
The Crown Estate is run quite agressively commercially. Trust me I know.
What do you expect? It's Government owned and run, they want to squeeze every penny out of it.:D

TheDaddy 21-11-2016 03:01
Re: Buckingham Palace to get £369million modernisation works
 
Quote:
Originally Posted by pip08456 (Post 35870814)
No. The agreement cannot be modified by either party. The ONLY change that can be made is that the Crown Estate is handed back to the Monarch and that won't happen as it is a cash cow for the country.

Last year the Crown Estate's property evaluation was £12 billion with a £304.1 million net revenue profit
You'd better tell that to the trustees including the pm and chancellor then as they think different

http://www.bbc.co.uk/news/uk-38025513

martyh 21-11-2016 08:01
Re: Buckingham Palace to get £369million modernisation works
 
Quote:
Originally Posted by TheDaddy (Post 35870843)
You'd better tell that to the trustees including the pm and chancellor then as they think different

http://www.bbc.co.uk/news/uk-38025513
Quote:
The trustees say the grant should rise to 25% of the profits for the repairs. This would require MPs' approval.
It's a temp rise to pay for the repairs ,the usual 15% will still be used to run the royal household

TheDaddy 21-11-2016 09:03
Re: Buckingham Palace to get £369million modernisation works
 
Quote:
Originally Posted by martyh (Post 35870845)
It's a temp rise to pay for the repairs ,the usual 15% will still be used to run the royal household
:rofl:

Yeah course it is, 50p says it's still at 25% in ten years, if anyone believes different I've got some magic beans you might be interested in

pip08456 21-11-2016 14:14
Re: Buckingham Palace to get £369million modernisation works
 
Quote:
Originally Posted by TheDaddy (Post 35870843)
You'd better tell that to the trustees including the pm and chancellor then as they think different

http://www.bbc.co.uk/news/uk-38025513
Typical political gobblydigook. Why don't they just tell it how it is. 10% of Crown estate income will be spent on the refurbishment.

Even the BBC report is disingenuous.

Quote:
A report by the Public Accounts Committee said the Royal Household was "not looking after nationally important heritage properties adequately", saying that in March 2012, 39% of the royal estate was "below what the household deemed to be an acceptable condition".
and the quite rightly

Quote:
The occupied royal palaces are held in trust for the nation by the Queen but the cost of maintaining them falls on the government.

martyh 21-11-2016 20:38
Re: Buckingham Palace to get £369million modernisation works
 
Quote:
Originally Posted by TheDaddy (Post 35870847)
:rofl:

Yeah course it is, 50p says it's still at 25% in ten years, if anyone believes different I've got some magic beans you might be interested in
I would expect so given the refurbishment is over the next 10 yrs and i'll bet any money it takes longer

Mr K 21-11-2016 23:56
Re: Buckingham Palace to get £369million modernisation works
 
Meanwhile back in the real world...
http://www.huffingtonpost.co.uk/entr...b09025ba32a16b

Chris 22-11-2016 00:34
Re: Buckingham Palace to get £369million modernisation works
 
Quote:
Originally Posted by Mr K (Post 35870970)
Meanwhile back in the real world...
http://www.huffingtonpost.co.uk/entr...b09025ba32a16b
Indeed. The cost of repairing Buck House is little more than a rounding error by comparison.

ianch99 22-11-2016 01:08
Re: Buckingham Palace to get £369million modernisation works
 
Quote:
Originally Posted by Mr K (Post 35870970)
Meanwhile back in the real world...
http://www.huffingtonpost.co.uk/entr...b09025ba32a16b
Don't worry! In our new post-truth world, this sort of thing can't happen.


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