Follow UK immigration and UK current affairs news: According to a report by the British newspaper Daily Mail, the UK National Audit Office stated on October 9 that the Queen's annual allowance for next year will be increased from £31 million (approximately 300 million yuan) to £37.9 million (approximately 370 million yuan), an increase of 22%, to help her properly maintain her properties and smoothly perform her duties as head of state.
This is the first time the UK National Audit Office has been authorized to conduct a comprehensive assessment of the Queen's financial status. The Audit Office believes that over the past 20 years, the Queen's allowance has effectively been "drastically reduced."
Adjusted for inflation, the Queen's travel expenses for official activities at home and abroad have actually decreased by 76%, while maintenance costs for royal palaces such as Buckingham Palace and Windsor Castle have actually decreased by 60%. Due to insufficient maintenance funds, nearly 40% of the palaces frequently used by the royal family do not meet the required standards.
Queen Elizabeth II is currently facing a serious financial crisis. In addition to spending her entire annual allowance, she has been forced to continuously dip into the savings accumulated from previous years, and her bank balance is now down to only £1 million.
