Buckingham Palace to get £369million modernisation works
20-11-2016, 23:17
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#106
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Sad Doig Fan!
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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
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20-11-2016, 23:41
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#107
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Permanently Banned
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Re: Buckingham Palace to get £369million modernisation works
The Crown Estate is run quite agressively commercially. Trust me I know.
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20-11-2016, 23:54
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#108
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Sad Doig Fan!
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Re: Buckingham Palace to get £369million modernisation works
Quote:
Originally Posted by Pierre
The Crown Estate is run quite agressively commercially. Trust me I know.
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What do you expect? It's Government owned and run, they want to squeeze every penny out of it. 
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21-11-2016, 03:01
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#109
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cf.mega pornstar
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Re: Buckingham Palace to get £369million modernisation works
Quote:
Originally Posted by pip08456
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
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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
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21-11-2016, 08:01
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#110
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Re: Buckingham Palace to get £369million modernisation works
Quote:
Originally Posted by TheDaddy
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The trustees say the grant should rise to 25% of the profits for the repairs. This would require MPs' approval.
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It's a temp rise to pay for the repairs ,the usual 15% will still be used to run the royal household
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21-11-2016, 09:03
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#111
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cf.mega pornstar
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Re: Buckingham Palace to get £369million modernisation works
Quote:
Originally Posted by martyh
It's a temp rise to pay for the repairs ,the usual 15% will still be used to run the royal household
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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
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21-11-2016, 14:14
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#112
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Re: Buckingham Palace to get £369million modernisation works
Quote:
Originally Posted by TheDaddy
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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.
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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".
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and the quite rightly
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The occupied royal palaces are held in trust for the nation by the Queen but the cost of maintaining them falls on the government.
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21-11-2016, 20:38
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#113
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Re: Buckingham Palace to get £369million modernisation works
Quote:
Originally Posted by TheDaddy
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
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I would expect so given the refurbishment is over the next 10 yrs and i'll bet any money it takes longer
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21-11-2016, 23:56
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#114
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Woke and proud !
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Re: Buckingham Palace to get £369million modernisation works
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22-11-2016, 00:34
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#115
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Trollsplatter
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Re: Buckingham Palace to get £369million modernisation works
Quote:
Originally Posted by Mr K
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Indeed. The cost of repairing Buck House is little more than a rounding error by comparison.
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22-11-2016, 01:08
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#116
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cf.mega poster
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Re: Buckingham Palace to get £369million modernisation works
Quote:
Originally Posted by Mr K
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Don't worry! In our new post-truth world, this sort of thing can't happen.
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