How transparent are the royals being about money?
•How transparent are the royals being about money?Image source, PA MediaBySean CoughlanRoyal correspondentPublished9 minutes agoIn the blizzard of numbers published about royal finances, there is one f...
•Not £100m, but £99.9m, the type of figure we're used to seeing in retail settings -£9.99 rather than a tenner - keeping a figure below a threshold, in a sales tactic that's sometimes called "charm pri...
•It's recognising that the public is watching and wants to see value for money.In the background is the shadow of the scandals surrounding Andrew Mountbatten-Windsor.
هذا الخبر من BBC News. خبر يقدم أدوات ذكاء اصطناعي للتلخيص والترجمة والاستماع.
How transparent are the royals being about money?Image source, PA MediaBySean CoughlanRoyal correspondentPublished9 minutes agoIn the blizzard of numbers published about royal finances, there is one figure that's very revealing.It's £99.9m for the level of next year's Sovereign Grant, the public funding for the running costs of the monarchy, covering costs like travel, staff and building maintenance. Not £100m, but £99.9m, the type of figure we're used to seeing in retail settings -£9.99 rather than a tenner - keeping a figure below a threshold, in a sales tactic that's sometimes called "charm pricing" or "psychological pricing".What it reveals about the royal finances is the importance about how things look, the optics of the moment. It's recognising that the public is watching and wants to see value for money.In the background is the shadow of the scandals surrounding Andrew Mountbatten-Windsor. There was a clear message from MPs and the public that they expected more transparency and accountability about how public money was being spent by the royals.So there has been an undoubted step in that direction. The publishing of the King's personal tax payments is information never before shared, so it is authentically being more open with the public.If you can feel a "but" coming, it's that we do not have any background information upon which the figure - £12.9m for 2024-2025 - is based.It's on his personal income, which includes the Duchy of Lancaster, private investments and from properties such as Sandringham. But outside of that single total, we do not know how it is broken down. We do not know whether it is mostly from his Duchy income nor do we know how much is income tax or capital gains tax. King becomes first monarch to reveal tax bill as royal public funding to double to £100mPublished5 hours agoFurthermore we do not know what other spending and expenses might be set against his tax bi...المصدر: BBC News | Source: BBC News
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