Do they actually contribute massively to the economy?
I think the most recent figures showed the crown estate and direct tax receipts netted about £600m profit to the taxpayer. That's just the direct contributions. The indirect stuff is subject to debate but I doubt they are far off a billion a year to the economy.
I can't be arsed to look it up but I think the Sovereign Grant, what the taxpayer pays to the monarchy, is less than £100m.
Edit: missed the graphic that not4sale posted. £1.7bn in, £100m out.
Also royalty and royal patronage have dispossessed the people from the land they were born into. That’s a massive cost. I know it started +/- 1000 years ago but it’s still a
Legacy that has forced the population into unimaginable hardships over the years.
Preaching to the choir. Was just pointing out that the Royal Family are currently harmless and financially beneficial to the country.
There is no need for a Monarchy but it exists and that ain't going to change until the world figures out the solution to the real problem...inherited wealth.
I think the most recent figures showed the crown estate and direct tax receipts netted about £600m profit to the taxpayer. That's just the direct contributions. The indirect stuff is subject to debate but I doubt they are far off a billion a year to the economy.
I can't be arsed to look it up but I think the Sovereign Grant, what the taxpayer pays to the monarchy, is less than £100m.
Edit: missed the graphic that not4sale posted. £1.7bn in, £100m out.