Belfast Telegraph

Home News Politics

MPs seize Queen’s purse

The Queen has been forced to give up the ultimate right to manage the Palace's financial affairs in a secret deal signed by Palace aides and the Government.

A ‘financial memorandum’ formalising the relationship between the sovereign and ministers also sets out tough terms on how the Queen can spend the £38.2m handed over by Parliament each year to pay for her staff and occupied palaces. T

he document, disclosed under the Freedom of Information Act, grants ministers the right to take over the management of the Queen's public wealth in the event of a disagreement.

Last night experts said the memorandum could be used by ministers to force the Queen to cut back or even fall back on her private wealth.

Belfast Telegraph


From Belfast Telegraph