Under the new regime, the civil list
has been replaced with the sovereign grant, which links to profits at the Crown Estate, the pounds 7billion property portfolio owned by the Queen.
The royals have felt the pinch, seeing the civil list
DAFT idea number three: Let's try to penny pinch and reduce the national debt by cutting Civil List
funding to the Royal Family.
Her annual wages from the Civil List
, which pay for the running of the royal household, have been frozen at pounds 7.9 million since 2000.
Palace accounts also showed that the Queen dipped into a reserve fund to boost her Civil List
by Au6.5 million in 2009.
Abstract: Reforms to the civil list
in the late 18th century in England sought to deny the Crown opportunities to use its civil-list funds and sinecures to buy influence in Parliament and, thereby, diminish constitutional protections for liberty.
London, June 30 (ANI): An annual account of the Royal Household's expenditure has revealed that Queen will run out of funds by 2012, her Diamond Jubilee year, unless the government increases the Civil List
Her pounds 7.9m pay from the Government - the Civil List
- is not taxed.
Last year, the Civil List
was less than pounds 40m and the income from the Crown Estates about pounds 118m, giving a profit of about pounds 70m to you and me.
She got pounds 643,000 from the Civil List
but ran up huge overdrafts with her pounds 2m-a-year champagne lifestyle, despite being worth an estimated pounds 50m.
The revised national budget that was unveiled in Norway on Tuesday (7 May) proposes a rise in the annual civil list
annuity of Crown Prince Haakon from NOK2.5m to NOK4.5m.
A spectacular display by 20-1 Civil List
(Earl Jones/Ian Watkinson), who wins the second leg of the novice hurdle at Cheltenham by 25 lengths from King's Hazard (David Barons/Paul Leach).