Royal Family brings a MASSIVE £66billion to the UK economy alongside ‘priceless stability’

THE MONARCHY brings in a whopping £66billion to the UK economy, a report released this week revealed. The monarchy’s value is not just measured on the value of the crown jewels and the estate, it also brings in money from a huge range of other less tangible calculations, according to the report. Business consultancy Brand Finance calculates the worth of the British Monarchy each year by tallying the crown’s assets as well as the “value impact” of its brand among other contributions. SEO of the consultancy, David Haigh, said the monarchy act as a “PR campaign” for the country. He added: “Exactly 25 years ago, the Windsor Castle fire marked the nadir of the Queen’s annuls horrible when scandals drove the monarchy’s popularity down.

David Haigh said the monarchy act as a PR campaign for the country

Queen Elizabeth has THIS bizarre rule when travelling the UK. “Today, its universal appeal translates to the attraction of Brand Monarchy, offering commercial benefits to all businesses and institutions associated with it.”

Royal commentator Richard Fitzwilliams said the monarchy brings a stability which is priceless. He added: “With an unstable minority Conservative government, unpredictability after the Brexit vote and the possibility of a future Jeremy Corbyn government, the monarchy provides stability which is beyond price.” The monarchy’s assets such as Buckingham Palace, the Royal collection of art, the Crown Jewels, the Duchies of Lancaster and Cornwall account for £25billion.

But, other less tangible assets include tourism, business trade and even fashion which is calculated at £40 billion. Kate Middleton’s fashion is copied worldwide and is considered an informal endorsement for many labels, this is calculated at £200million. Also, the media’s coverage of royal family members, movies, documentaries and TV series based on their history and private lives – such a The Queen or Victoria – is also included. The economic impact in the media is set at £50million a year.

The annual impact on tourism is estimated at £550million and the increase in trade as a result of official missions and diplomatic trips from royal family members is set at £150 million a year. There are also earnings from “royal warrant holders” which refers to the price premium of brands with royal warrants such as Aston Martin Cars, Prestat chocolates, and Fortnum & Mason, is calculated to be £190million. Brand Finance research said the monarchy earns nearly £2billion a year to the UK economy. The figure is revealed as the Queen and Prince Philip celebrate their 70th wedding anniversary today.

Richard Fitzwilliams said the monarchy brings a stability which is priceless

Research by a leading business valuation consultancy has found that the Royals contributed £1.766billion to the economy in 2017. But it put the annual cost of maintaining the monarchy at £292million, equivalent to £4.50 per person or barely 1p per day. Technically the Crown Estate, which owns real estate in London’s West End and more than half of Britain’s foreshore, belongs to the monarch.

But its profits have been surrendered to the Government since 1760. The £292million cost of the monarchy includes £42.8million directly from the taxpayer, plus £106million in security, lost capital and revenue income from the Duchies of Lancaster and Cornwall which would go directly to the Treasury if the monarchy did not exist.

Kate Middleton’s fashion is copied worldwide.

Then there is £22.2million spent by councils on royal visits and £30million for the use of state buildings. The Queen was accused of tax-dodging this month after the release of the “Paradise Papers”. Britain’s head of state has been caught up in the scandal of the Paradise Papers – an explosive leak of financial documents laying bare investments in offshore tax havens by the world’s rich and powerful. According to the papers the Duchy of Lancaster, the private estate of the Queen, was found to have millions of pounds invested in offshore arrangements. Around £10million from the Queen’s private fund was paid into funds in the Cayman Islands and Bermuda between 2004 and 2005, according to reports.

Portraits Released To Celebrate Queen Elizabeth And Prince Phillip’s Wedding Anniversary

Queen Elizabeth II and her husband Prince Phillip smiled as they stood side by side in a series of photographs released to mark the 70th wedding anniversary of the couple.

These photographs were taken by British photographer Matt Holyoak. These pictures show Elizabeth II and Prince Philip standing in the White Drawing Room at Windsor Castle in early November.

The 91 years old Queen Elizabeth chose to wear a cream day outfit designed by Angela Kelly that she also wore at the Diamond Wedding Anniversary thanksgiving service, along with a yellow gold, ruby and diamond ‘Scarab’ brooch, designed by Andrew Grima and gifted to the couple in 1966.

These photographs are framed by Thomas Gainsborough’s 1781 portraits of George III and Queen Charlotte, who were married for 57 years, and the Queen holds her hands closed in front of her and the Duke of Edinburg stands upright with his hands behind his back.

These picture were clicked for Camera Press, which also celebrated its anniversary 70 years after the company distributed the royal pair’s official wedding photos as the first task.

The Queen herself has been spotted wearing the statement choker on several occasions, including in 1983, just a year after Diana had borrowed, during a trip to Bangladesh.

Elizabeth II (Elizabeth Alexandra Mary; born 21 April 1926) has been Queen of the United Kingdom, Canada, Australia, and New Zealand since 6 February 1952. Additionally, she is Head of the Commonwealth and queen of 12 countries that have become independent since her accession: Jamaica, Barbados, the Bahamas, Grenada, Papua New Guinea, Solomon Islands, Tuvalu, Saint Lucia, Saint Vincent and the Grenadines, Belize, Antigua and Barbuda, and Saint Kitts and Nevis.

Elizabeth was born in London as the first child of the Duke and Duchess of York, later King George VI and Queen Elizabeth, and she was educated privately at home. Her father acceded to the throne on the abdication of his brother Edward VIII in 1936, from which time she was the heir presumptive. She began to undertake public duties during the Second World War, serving in the Auxiliary Territorial Service. In 1947, she married Prince Philip, Duke of Edinburgh, a former prince of Greece and Denmark, with whom she has four children: Charles, Prince of Wales; Anne, Princess Royal; Prince Andrew, Duke of York; and Prince Edward, Earl of Wessex.

Elizabeth’s many historic visits and meetings include a state visit to the Republic of Ireland and visits to or from five popes. She has seen major constitutional changes, such as devolution in the United Kingdom, Canadian patriation, and the decolonisation of Africa. She has reigned through various wars and conflicts involving many of her realms. Significant events have included her coronation in 1953, and the celebrations of her Silver, Golden, and Diamond Jubilees in 1977, 2002, and 2012 respectively. In 2017 she became the first British monarch to reach a Sapphire Jubilee. She is the longest-lived and longest-reigning British monarch as well as the world’s longest-reigning queen regnant and female head of state, the oldest and longest-reigning current monarch, and longest-serving current head of state.

Elizabeth has occasionally faced republican sentiments and press criticism of the royal family, in particular after the breakdown of her children’s marriages and the Windsor Castle fire in 1992 (her annus horribilis) and the death in 1997 of her son’s ex-wife Diana, Princess of Wales; however, support for the monarchy remains high, as does her personal popularity.

NEW REPORTS CLAIM PRINCE PHILIP CHEATED ON QUEEN ELIZABETH WITH MULTIPLE FAMOUS WOMEN

Queen Elizabeth II and Prince Philip are getting ready to celebrate 70 years together, yet their platinum anniversary is being tarnished by new rumors of Philip’s infidelity. While the cheating rumors have not been confirmed, new allegations claim that Philip had affairs with multiple celebrities over the years.

According to Marie Claire, a new book by Ingrid Seward titled My Husband and I: The Inside Story of 70 Years of Royal Marriage claims that Philip cheated on Elizabeth with a number of different celebrities, including Pat Kirkwood, Susan Barrantes, and Katie Boyle. These types of rumors are nothing new for the royal couple. They have faced similar allegations in the past and have always denied them.

Back in 1957, the rumors reached a point where Elizabeth felt the need to issue a response to the cheating allegations. At the time, a spokesperson for Queen Elizabeth explained how the reports were not true and that her marriage to Philip was perfectly fine. Prince Philip made a similar statement in 1992 and assured the public that having a secret affair is next to impossible for members of the royal family.

Despite all the denials, rumors of an affair have persisted over the years. According to the Mirror, Seward’s book claims that one of Philip’s affairs lasted over a four-month period. Seward says that Philip’s romance with Pat Kirkwood started in 1948 when they were introduced in the actress’s dressing room. The two allegedly hit it off and remained in contact for years. Kirkwood never confirmed the affair and denied that she slept with Philip right before she passed.

From left: Camilla Parker Bowles, Prince Charles, Queen Elizabeth II, Prince Philip, Prince William, and Kate Middleton. [Image by WPA Pool/Getty Images]
There have also been rumors that Philip had an affair with his childhood friend Helene Cordet. Philip reportedly fathered two of the actress’s children, though she denies the claims. Philip has also been linked to writer Daphne du Maurier, and actresses Anna Massey and Merle Oberon.

Philip and Queen Elizabeth continue to deny the cheating rumors and are getting ready to celebrate their 70th wedding anniversary. In addition to Seward’s new book, royal biographer Sarah Bradford also claims that Philip has cheated on his wife on multiple occasions.

 

Prince Philip

Prince Philip, Duke of Edinburgh Prince Philip of Greece and Denmark born on 10 June 1921 is the husband and consort of Queen Elizabeth II of the United Kingdom and the other Commonwealth realms.

A member of the House of Schleswig-Holstein-Sonderburg-Glücksburg, Philip was born into the Greek and Danish royal families. He was born in Greece, but his family was exiled from the country when he was an infant. After being educated in France, Germany, and the United Kingdom, he joined the British Royal Navy in 1939, aged 18. From July 1939, he began corresponding with the 13-year-old Princess Elizabeth (his third cousin through Queen Victoria of the United Kingdom and second cousin once removed through King Christian IX of Denmark), whom he had first met in 1934. During the Second World War he served with the Mediterranean and Pacific fleets.

After the war, Philip was granted permission by King George VI to marry Elizabeth. Before the official announcement of their engagement in July 1947, he abandoned his Greek and Danish royal titles and became a naturalised British subject, adopting the surname Mountbatten from his maternal grandparents. He married Elizabeth on 20 November 1947. Just before the wedding, he was created Baron Greenwich, Earl of Merioneth and Duke of Edinburgh. Philip left active military service when Elizabeth became monarch in 1952, having reached the rank of commander, and was formally made a British prince in 1957.

Philip has four children with Elizabeth: Prince Charles, Princess Anne, Prince Andrew, and Prince Edward. He has eight grandchildren and five great-grandchildren. Through a British Order in Council issued in 1960, descendants of Philip and Elizabeth not bearing royal styles and titles can use the surname Mountbatten-Windsor, which has also been used by some members of the royal family who do hold titles, such as Prince Andrew, Princess Anne and Prince Edward.

A keen sports enthusiast, Philip helped develop the equestrian event of carriage driving. He is a patron, president or member of over 780 organizations and serves as chairman of the Duke of Edinburgh’s Award scheme for people aged 14 to 24. He is the longest-serving consort of a reigning British monarch and the oldest-ever male member of the British royal family. Philip retired from his royal duties on 2 August 2017, at the age of 96, after having completed 22,219 solo engagements since 1952.

The accession of Elizabeth to the throne brought up the question of the name of the royal house. The Duke’s uncle, Louis Mountbatten, 1st Earl Mountbatten of Burma, advocated the name House of Mountbatten, as Elizabeth would typically have taken Philip’s last name on marriage; however, when Queen Mary, Elizabeth’s grandmother, heard of this suggestion, she informed the British Prime Minister Winston Churchill, who himself later advised the Queen to issue a royal proclamation declaring that the royal house was to remain known as the House of Windsor. Churchill’s strong personal antipathy to Lord Mountbatten, whom he considered a dangerous and subversive rival who had lost India, may have contributed to this. Prince Philip privately complained, “I am nothing but a bloody amoeba. I am the only man in the country not allowed to give his name to his own children.”

On 8 February 1960, several years after the death of Queen Mary and the resignation of Churchill, the Queen issued an Order in Council declaring that Mountbatten-Windsor would be the surname of her and her husband’s male-line descendants who are not styled as Royal Highness or titled as Prince or Princess. While it seems the Queen had “absolutely set her heart” on such a change and had it in mind for some time, it occurred only eleven days before the birth of Prince Andrew (19 February), and only after three months of protracted correspondence between the constitutional expert Edward Iwi, who averred that, without such a change, the royal child would be born with “the Badge of Bastardy” and the Prime Minister Harold Macmillan.

After her accession to the throne, the Queen also announced that the Duke was to have “place, pre-eminence and precedence” next to her “on all occasions and in all meetings, except where otherwise provided by Act of Parliament”. This meant the Duke took precedence over his son, the Prince of Wales, except, officially, in the British parliament. In fact, however, he attends Parliament only when escorting the Queen for the annual State Opening of Parliament, where he walks and sits beside her.

Contrary to rumors over the years, the Queen and Duke are said by insiders to have had a strong relationship throughout their marriage, despite the challenges of Elizabeth’s reign. The Queen referred to Prince Philip in a speech on the occasion of her Diamond Jubilee in 2012 as her “constant strength and guide”.

As consort to the Queen, Philip supported his wife in her new duties as sovereign, accompanying her to ceremonies such as the State Opening of Parliament in various countries, state dinners, and tours abroad. As Chairman of the Coronation Commission, he was the first member of the royal family to fly in a helicopter, visiting the troops that were to take part in the ceremony. Philip was not crowned in the service, but knelt before Elizabeth, with her hands enclosing his, and swore to be her “liege man of life and limb”.