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ELIZABETH II IS set to get a bumper pay rise as austerity bites the rest of Britain.
The Queen’s pay will rise by 16 per cent next year to £36m after her property holdings, the Crown Estate, posted a record profit of £240.2m today.
Under a deal hammered out with the British government last year, the Queen receives 15 per cent of the profits generated by the estate.
The increase will see the monarch’s pay rise to its highest since 2008. However, it is still half of what she received in 1991, when she was paid £77.3m.
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“It has been another tremendous year for The Crown Estate,” said Alison Nimmo, Chief Executive of the Crown Estate.
Our super prime portfolio and active asset management have been the cornerstones of this strong financial performance and resilience during recent market volatility.
The estate consists of a range of properties, including prime real estate in central London, Ascot Racecourse and virtually all of Britain’s seabed.
The value of Marine Estate, which include’s most of Britain’s coast line, accounted for the biggest boost in profits. Profit there climbed by 17 per cent and its value by 23.4 per cent as wind farms continue to expand around the UK’s coastline.
The Queen has been paid by British taxpayers through an allowance set by Parliament since 1760, when King George III ceded all property rights to the treasury.
After the formation of the Irish Free State in 1921, all revenues that the crown estate made in Ireland were handed over to the new government in Dublin.
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Whether people want to face the facts of it or not, the queen and the excitement surrounding her and the royal family are massive income earners for the UK.
Could this article be any more sensationalist? She’s receiving more money because she had a share of something that had earned a lot of money. If it made no money, she would receive none.
Jesus, all you’re trying to do is infuriate the socialists even more here by changing what is essentially a shareholder receiving a dividend from a well performing company to something it’s not. Pathetic journalism at its finest.
The cost to the psyche of the English working-class who are kept fawning at “royalty” instead of demanding their just equality is immeasurable
“The mind accustomed to political kings can easily be reconciled to social kings – capitalist kings of the workshop, the mill, the railway, the ships and the docks. Thus coronation and king’s visits are by our astute never-sleeping masters made into huge Imperialist propagandist campaigns in favour of political and social schemes against democracy.” – James Connolly 1911
Spot on Kerron. To Patrick Minford, I always remember my mother sharing her wealth with the family and making sure we never wanted for anything. Your comment on how this parasite is the ‘mother of the nation’ when thousands of OAPs in Britain die of fuel poverty every year and children die in immense poverty is crass to the extreme. It’s amazing how the media can convince/brainwash people into believing that inbred eccentric billionaires care for them and love them lol :-) Man you seriously need to have an awakening and fast! To Unitedpeople Ireland, I fully agree with you. I’d love to see exactly how this parasitical family benefit the people of Great Britain.
TheJournal has come to know its readers. Empty headed, work shy “rebels” who’ll foam at the mouth over any article about the government, the British, somebody getting something they don’t have, etc.
But, that’s how business works. Know your audience and they’ll keep coming back and bringing the revenue in.
TheJournal, at its best, is no better than the Dail Mail in terms of the biased and reader orientated content it publishes. I come to be entertained by the unemployed rabble rousers on here and nothing more and by golly they do entertain.
Did you not see how she worked the crowd during the Jubilee celebrations ? She is simply world class when it comes to waving at people – never before have we witnessed such stunning handy work, it was truly a sight to behold.
She’s worth every last penny, in fact I think she should get a top-up bonus for all the extra waving at people that she’s had to do this year. Talent like that don’t come cheap folks.
And here was me thinking she was trying to swat the peasants away. But I have noticed, that since she got her dentures in, she’s really come on in the hands department.
Thing is, none of our business. She’s not our Queen, she’s the Queen of the United Kingdom. I don’t pay her. I must say, for someone her age, she’s great energy and a very strong back for standing for so long. The British people obviously like her, good luck to them.
But that money goes towards paying staff and some towards the repair of Windsor Castle. She also pays income tax. She is also known to give private donations of her own money to charities and causes
What has SW got to do with the queen being paid £36 million per year? Why compare the 2? So you think people who’ve lost their jobs are parasites, do you?!!!
Yes, damn those idiots haters who can’t “get over” or “grow up” about a family that institutionalises and thus propagates inequality in society :-o
Damn the haters you won’t “move on” from the fact that Windsor is the symbolic embodiment of a war-warmongering Imperialism that occupies six Irish counties and practices intervention and drone bombings from Libya to Afghanistan……
But sure she brings in a bit of tourist money. There’s blood on her hands and blood on the hands of those who turn a blind eye (with nonsense arguments about profit) to the deeds of the army for which she is commander in chief …..
The Queen is opening the new Hospital in Enniskillen next week. I wonder if she be an” embodiment of a war-warmongering Imperialism” or somebodies Granny in a silly Hat
Actually didn’t notice your typo. Was just agreeing with the sentiment.
Although on second thoughts. Why damn the “idiot haters”? Anyone who chooses to mire their soul in hatred damns themselves ultimately.
As far as I’m concerned the moment the people of Northern Ireland choose to join the people of Southern Ireland through self determination they should do so, and good luck to them should they choose to do so.
The British always came across to me as intelligent people, but it never ceases to amaze me how this family of leeches managed to pull the wool over their eyes for so long. Lizzie and her extended family screw their own people for millions, live in fancy castles and never do a days work. Mind you we have our fair share of royal worshippers in Ireland as well – just count how many thumbs down I get from our very own windsor lovers.
We can’t really comment on anything. This leeching family brings in millions in tourism to the uk every year. They would be absolutely screwed if the royals weren’t there. So they get a share from the money they bring in big freaking whoop! Let’s see how quiet you would be if you didn’t get a share of something you were part of. They are a good investment.
TheJournal.ie socialist commentator’s hatred of anyone who has anything more than themselves, regardless of whether they earned it or won it, is shining strong today.
Wolfgang. Please refrain from looking silly. She and her German family (which makes it even more ironic) inherited all they have because of some outdated fantasy that they are blue blooded and are superior to us mere commoners.
As I’ve mentioned already, none of OUR business! Stay out of it. It is the business of the English people. If they don’t like what’s going on, they themselves have voices. That’s like the do gooders in the South of Ireland, putting their noses into the business of the Northern Ireland people! Yes, the 6 counties are their business not yours or mine.
If the people in Northern Ireland want to be part of the 26 counties, let them have a referendum. Yes, at some stage, some year, some time it may become part of the 26 counties, but not by bullying, or with narcisstic behaviour!
Whether they have 50% UK blood, German blood, Swedish blood, , South African blood in them, etc. none of your business ‘Ed Kavanagh’ unless you are actually from and born in the UK. If so get rid of your anger on a UK tread where they might or might not agree with you.
Jaysus Sheila, get off your high horse! Here we go again with the 6 counties! Can you not go 5 minutes without bringing it up? In relation to it being their business, and not ours, it’s every Irish persons business no matter what their persuasion. Haven’t you heard of the Good Friday Agreement?
No need for the bad, misspelled language. As I said none of our business! Stay out of it. 6 counties under British rule. The Northern people will decide, not you! Maybe the next generation of Irish and Northern people will decide. Not in your lifetime Mr. Corcoran!
Just like the Queen of the United Kingdom and her salary! None of your business. You’re not paying her! Good day and good night.
@ Sheila: what are you smoking? The northern people will decide? When have they been given the opportunity? Never. You really have a chip on your shoulder woman! Get over it. The sooner a United Ireland happens the better for everyone. Well maybe not you Sheila with your west-Brit views.
You don’t need a monarch to attract tourists! It’s the buildings and history that bring them in, not the royals. It’s actually laughable in modern times to still have a queen as she serves no real purpose. Even more laughable to read all the royal arse lickers here!
A demonstration is to be held in Belfast just days before the British royal visit to the North. The demonstration on Saturday 23rd June will have as its theme “Truth and Justice – not Jubilation” and the organisers say the focus of the protest will be on victims of British state violence.
The organisers believe the event provides a unique opportunity for everyone within the broad nationalist community, those with differing political opinions and those with none, along with other progressives, to stand shoulder to shoulder in an unparalleled show of support and solidarity with victims’ families of British state violence in their ongoing struggles for Truth and Justice.
Announcing the planned demonstration, the organising committee stated, “The forthcoming British royal visit to the North presents a very unique opportunity to publicly highlight the fact that many hundreds of people, of all ages, met their deaths at the hands of British Crown forces and their agents in Ireland during the course of the present British monarch’s reign. Many, many more were injured or endured physical and psychological abuse by those same forces.
well I was raised to see those who throw anonymous insults about as cowards
and you didn’t “disagree” with any of the above, you jumped straight to insult mode (on the internet lol), hence the ‘tough’ jibe. I wonder would you say that to those you’re insulting in person?
As for the rest of your spiel, meh. eirigi won’ be bothered with what some right-wing royalty worshipper on the net thinks of them…
You were raised in a time of mass anonymity, so much do that it affected your upbringing?
You must be very very young so! I’m mid twenties and I grew up in a time where text messages were new and there was no real online community.
Maybe you’re too young to understand the things you blabber on about here? It would explain a lot, in fairness.
And no, I wouldn’t even address an Eirigi member in public given how they behave themselves. Oh and as to not caring what propel think? I think you’ll find they care very, very much what people think.
You can focus on the anonymity factor all you like, it takes nothing from the truth or facts of the matter that Eirigi are nothing more than a bunch of knackers who are using a “cause” as an opportunity for chaos and violence.
F**k eirigi and f**k the queen. Nationalism is as stupid as religion. It’s one planet and one race. The world needs to grow out of the primitive tribal mentality.
The palaces in France and their millions of visitors make a tidy sum for the French economy and they’ve been parasite free for a couple of centuries now. You can visit any time without having to wait until the royals are visiting some of their many many other castles and palaces. It’s the history, the art, the architecture etc that brings in the visitors, the institution itself is an unnecessary touch of costume drama.
So many people hate the Queen in these comments, it doesn’t cost or affect us here in this country. The people we elected in this country are robbing us blind to keep the rich, rich! Yet some of ye get more upset about the queen!
Very true. She is not my queen. It is not my issue whether the British public continue to support a monarchy or not. That is fundamentally their choice. Personally, I find it all more than a little bizarre, both the monarchy itself and the Irish people’s fascination, both positive and negative, with it.
I read last week they were looking for help from the Poverty fund to heat their palaces, ya couldnt make it up! (they didnt get anything from the fund poor things)
well she’s not going to give it away now either is she. Who cares if she flushes it down the jax or what she does with it. It’s been taking from the working-class England, Scotland and Wales and they’ll sure as hell never she it again.
She has a lot of overheads, I mean she has to feed all them Corgi’s and look after her racehorses And she has to mind the young fella Charles, he gets up to a lot of mischief, talking to trees and dating strange women. And it’s not as if she has a new car – the Rolls must be nearly as old as Philip. Give the woman more housekeeping money for gods sakes.
Compared to other monarchs of the world her income is minimal. Bhumibol Adulyadej (84) – King of Thailand for 66 years has $30 billion to his name. He could buy Ireland and rent it out to family!
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