Jubilee: was it worth the money?

Needless to say, the whingers will be out in force over all this Jubilee jollity. ‘Look what it’s costing….moan, moan’.

So let’s have a look at the figures.

The Treasury is contributing £1 million. The estimated earnings from tourism, souvenirs and all the rest is £1.42 billion. Nuff said.

Of course, these are the wowsers who are always banging on about the cost of the Monarchy. So how much does Her Maj actually cost the tax-payer.

The current cost is in the region of £40 million, or 62p. per head.This does not come from our taxes. It comprises 15% of the surplus generated by the Crown Estate. The rest of the surplus (around £300 million in total) goes to the Exchequer.

Even serious newspapers comment on the ‘fortune’ that Her Maj gets from off-shore wind-farms. In fact, she doesn’t get a penny, because it all goes to the Crown Estate and thence to the Exchequer.

A pretty good bargain, I’d say.