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Old 28-06-2008, 08:44
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Cool Queen cannot afford to re-decorate

The roofs will need work, some rewiring is badly needed — and then there is the asbestos problem.
The Queen is facing a maintenance backlog which she can’t afford at a time when the cost of keeping the Royal Family rose by £2 million last year to a total of £40 million. A packed itinery of expensive foreign trips pushed travel costs alone beyond the £6.2 million mark, but Palace officials admit that the Queen still could not afford to redecorate.
Publishing the Royal Household’s annual financial report yesterday, Sir Alan Reid, Keeper of the Privy Purse, gave warning of a £32 million black hole in funding.
The budget for maintaining Buckingham Palace, Windsor Castle and other royal buildings has been frozen by the Treasury for the next three years, leaving officials unable to carry out asbestos removal, rewiring and reroofing work that they say is badly needed

http://www.timesonline.co.uk/tol/news/uk/article4226646.ece


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