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Living off The State

Living off The State

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"This book is a detailed examination of the official finances of the British monarch and leading members of the royal family.They are funded by the taxpayer to a degree far in excess of other European royal families and the heads of state of other Western democracies.Complex and confusingly presented,royal finance is a subject frequently misunderstood by both public and politicians.This book examines the Duchies of Cornwall and Lancaster,which provide multi-million pound official annual incomes for the Prince of Wales and the Queen respectively; the Civil List; housing for leading members of the Windsor family;the Royal Collection; royal involvement in the charitable sector and royal 'branding' -increasingly important and contentious in our increasingly commercialised world- as well as options for reform and prospects for the future. As economic conditions worsen, their privileged position may become increasingly unsustainable".