‘The Queen is set to receive an inflation-busting 22 per cent ‘pay rise’ over two years, according to new official figures.
The monarch is said to be ‘down to her last £1 million’, leaving her vulnerable to ‘unexpected costs’, a report has said.
She is now expected to be given £37.9 million in 2014-15 to run her Household and conduct official engagements, up from £31 million in 2012-13.
The figures were released yesterday by the National Audit Office which has, for the first time, been allowed to examine all aspects of the Queen’s funding as Head of State.’
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