British to cut spending May led to Queen's bankruptcy

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Economic downturn, the royal family budget was cut by Queen Elizabeth had its spendthrift ways, and even began to use their own reserves

UK economic downturn, the new government through the debt crisis Cameron plans to slash the budget and public institutions, and even Queen Elizabeth II was also affected, the royal family budget be reduced. To this end, now 84-year-old Queen Elizabeth had to live frugal, and due to lack of government funding spent their reserves. U.S. media said that if the current cash shortages that delay does not improve by 2012, even the Queen of reserves will be spent, the British royal family may be bankruptcy. (Peng induced vibram five fingers)
PRC Buckingham Palace on the 5th of the royal family announced last financial year the total cost of the accounts. Accounts show that the royal family on March 31 last year to the end of March this year, spending a total of 38.2 million pounds of British taxpayers. This number represents all to the royal family of each British taxpayer, "spending" 62 pence (about 6.36 yuan). Can be seen from the accounts, the British royal family 2009 ~ 2010 fiscal year spending less than fiscal year 2008 to 2009 more than 300 million pounds.

Responsible for managing the indoor pool Alanleide British king, said the royal family "really aware of the current difficult economic climate", and saving measures have been taken. Accounts show that total spending in 15 million pounds are used for Buckingham Palace, Windsor Castle and other royal residence of maintenance, 4,000,000 was used for royal travel. These two costs more than in the previous financial year has decreased.

Queen of "income" never raise

According to reports, since 20 years ago, the Queen each year obtained from the British government 7.9 million pounds of funding to cover staff salaries and other royal family's expenses. Over the past 20 years, British prices rose a lot, but the queen of the "income" does not have to increase too.

More Unfortunately, the UK coincides with a record budget deficit last month, the government ordered the freezing of funds for the royal family for one year.

Facing a cash crisis because of lack of the British royal family is now on the expenditure must pinch pennies, Buckingham Palace, the senior assistant salaries have been frozen, has suspended the recruitment of new employees. Queen of travel during the last Christmas or even give up the royal train, but the same people and ordinary train ride.

The global financial crisis struck in 2008 after the British Queen is also the side of the family and staff made five recommendations, in Buckingham Palace where,
five fingers shoes do not use more than 40-watt light bulb, remember to turn off all lights before leaving the room; prohibited discard anything that can be recycling of paper and string; start overripe fruit to be eaten, such as bananas and other non-waste; floral decoration not luxury, as simplistic; selection of but not flowery birthday gifts and Christmas gifts. A deliberate attempt to remind her family, not expensive gifts given to her.