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Queen Elizabeth has reportedly been warned against hoping for better tourism participation in 2021 as the royal coffers will face another “substantial deficit.”
Mr. Fitzwillaims made these assertions during his interview with Uk express and he was even quoted as saying, “Yes, there will be a very substantial deficit in the Buckingham Palace accounts.”
“The expectation is that this will be met, to the extent possible, through various ‘efforts and efficiencies,’ according to its own report.”
“Broadly speaking, the expectation is that the Palace will be short of £ 35 million, but they will not ask for additional public money. Property rental and facilities management are part of the actual accounts that generate £ 17.8 million. “.
He even added: “That income does not come from the taxpayer, it comes from various amounts that the Palace is capable of collecting in various ways.”
“That is one of the ways they intend to cover this deficit. The accounts from 2019 to 2020 did not actually contain a large part of the period covered by the pandemic. So what we are doing is looking towards 2021.”
He concluded by saying: “The taxpayer is expected to pay no more. What we have found, with reference to the headlines on this, is that South Africa was the most expensive royal tour of the year. In the sense that that was news, the royal tours to the foreigners are expensive. “
