Saturday, April 20, 2024

Queen Elizabeth to live less royally

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LONDON – Like millions of her subjects, Queen Elizabeth II is going to have to make do and mend – cutting spending and putting off palace repairs as royal finances are squeezed by Britain’s budget crisis.Accounts published yesterday by Buckingham Palace reveal the total public cost of supporting the monarchy was £38.2 million ($57.8 million) in the year to March 31, the equivalent of 62 pence (94 cents) per person. The total is more than £3 million less than in 2008-2009. (AP)

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