Royally Minted: What We Give Them and How They Spend It

New Statesman (1996), July 13, 2009 | Go to article overview
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Royally Minted: What We Give Them and How They Spend It

Prince William

William's training as a helicopter pilot has turned out to be rather more costly than expected. When he used a Chinook helicopter to fly himself and his brother to a stag party on the Isle of Wight, the "training" flight cost [pounds sterling]9,000. He also used his chopper to attend a wedding in Northumberland, visit Kate Middleton's family home and "buzz" his father's country pad at Highgrove. The total cost for these essential military manoeuvres? [pounds sterling]86,000.


On a charity motorbike ride in I 2008 William and Harry raised [pounds sterling]1,500 each for charity, a sum I unfortunately dwarfed by the [pounds sterling]30,000 cost of their 24-hour accompaniment by six Royal I Protection Squad officers. The ' [pounds sterling]3,000 raised would just cover six bottles of Cristal champagne at the princes' preferred hang-out in Mayfair, Mahiki, where William once spent [pounds sterling]11,000 during what was undoubtedly a particularly spiffing evening.


Accession of George III: it is decided that parliament will vote most of the costs of government in return for the surrender of the hereditary and Crown Estate revenues


The civil list is reduced to pay for the "the personnel dignity" of the monarch and no longer to maintain the civil government


On his mariage to Diana Spencer, Prince Charles reduces his voluntary tax contribution from Duchy of Cornwall profits from 50 per cent to 25 percent


The civil list is increased sharply to [pounds sterling]7.9m, but is henceforth to be recalculated every ten years instead of every five


The Queen begins to repay the Treasury the annual parliamentary allowances received by other members of the royal family. She starts paying tax on her private income


Civil list set at [pounds sterling]7.9m for another ten years. The Queen has since requested a raise of [pounds sterling]7m

Source: "Royal Fortune: Tax, Money and the Monarchy" by Phillip Hall (Bloomsbury, 1992)

Prince Charles

Last March the Prince of Wales and Duchess of Cornwall toured the Caribbean aboard a 245ft luxury yacht, Leander, which normally costs [pounds sterling]40,000 a day to charter-but the use of the yacht was secured by Charles's old servant Michael Fawcett, who was once paid a salary of [pounds sterling]100,00 for duties including squeezing Charles's toothpaste, so perhaps he managed to get a discount. Nevertheless, Prince Charles broke records for the two most expensive trips in the history of the royal accounts with his Far Eastern and South America tours in 2008, both of which checked in at [pounds sterling]7,00,000.

He also seems to be aiming for the most expensive pub visits of all time last year it cost [pounds sterling]18,900 to transport the Prince to a pub aboard the royal train. Cheers, sir!

Prince Andrew

Prince Andrew seems determined to live up to his "Air Miles Andy" nickname, travelling to the Baltic states, Mongolia and China and accumulating costs of [pounds sterling]149,430, in October alone.

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Royally Minted: What We Give Them and How They Spend It


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