Financial Voice

Thursday 24th May 2018 02:54 EDT
 

Dear Financial Voice Reader,

You didn’t pay for the Royal Wedding…you miserable miser. It wasn’t out of your pocket. It wasn’t a financial burden on you and it is not the reason you don’t have as much money as you want. Whilst we are at it, it’s not two people getting married so who cares. As the preacher put it in front of 500 million people, ‘two people fell in love, and we all showed up’.

So who paid for this inter-racial display of love whilst some grumpy sods whinged about love, weddings and basically everything? Well for a start this country has the concept of private property. And the Royal family own a hell of a lot of it over the past 1000 years. No it’s not yours. It’s their's. Now the country and your taxes may have benefitted from Empire, so actually, my Indian ancestors mean your tax bill is lower, but not because the Royal Family owns wind farms and most a lot of England, and Wales and Scotland (not so much Northern Ireland).

The Grant they receive from the Treasury comes from the Crown Estate’s payments to the Treasury! As the Crown Estate put it “We have delivered another year of market outperformance, enabling us to contribute a record £328.8 million to HM Treasury, outperforming our IPD bespoke benchmark, while the value of our property portfolio grew to a record £12.4 billion.”

As for the police cost – well, I think the cost to you is about 1p. Yeah, you’re exactly the kind of person to whinge about 1p. Maybe they could have built a hospital instead. Actually, they are not allowed to be political, but they do build hospitals – when they give the Treasury money from the Crown Estate. Not enough hospitals – well – speak to the Treasury.

Basically, they got here a lot before you did. Now you may disagree with private property and the concept of rent like Jeremy does. You may just not like Royalty and bowing (they don’t care if you bow or not). You may want a republic and a President – maybe Trump or Putin? No, we’d get good ones wouldn’t me, just look at our track record in elections – wasn’t Brexit an election. Maybe President McPresidenty Face if you ask the British public.

Oh, whilst we are it, given the Queen heads up this business venture – let’s look at the gender pay gap – “The UK’s average gender pay gap is estimated to be around 18%.

At The Crown Estate, our business-wide pay gap sits at -3%, meaning that on average, women are paid marginally more.”

And as for the Crown Estate – “Since 1760, the net income of The Crown Estate has been surrendered to the Exchequer by the Monarch under successive Civil List Acts, passed at the beginning of each reign.

The Crown Estate is though owned by the Monarch in right of the Crown. This means that the Queen owns it by virtue of holding the position of reigning Monarch, for as long as she is on the throne, as will her successor. “

So stop whinging, it’s a capitalist country believing in private property and they got here a lot earlier than you. If anything, whinge that you didn’t make it into the lucky sperm club – but that’s daddy issues you have not Royal Wedding ones.

If anything – blame an immigrant, coming here and taking your property: “the estate as a whole essentially dates from 1066. After the Norman Conquest, all the land belonged to William "in right of The Crown" .

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