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Time to privatise the royal family

15th Jul 2015
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Love it or hate it, privatisation is on the new government's agenda, with RBS first in line. What might be next?

As a 6.9% pay rise for the Royals is announced, maybe this is the moment to carry out an economic scoping exercise to determine whether the time is right to save what is a significant burden on the Exchequer. While we’re at it, the country could make some serious dough by auctioning off what is undoubtedly a fantastic portfolio of valuable assets.

If George Osborne wishes to balance the books, by the end of this parliament he will need to bring in much-needed cash from many more of the country's crown jewels.

Why not flog off the real crown jewels, along with the Queen and the significant properties owned by the Crown Estate.

Rich investors, possibly from China, Saudi Arabia or the United States would love to get a piece of Liz and the kids, paying a significant premium to do so. Alternatively, they might make a perfect case for crowdfunding?

At last, there could be a real opportunity to protect the welfare budget, keep tax rates low and maybe even help the Royal Family to fulfil its potential. This might even be the trigger for escaping from European hegemony.

The prospects are boundless. Estate agents will be rubbing their hands together at the prospect of renting out rooms in Buckingham Palace, Windsor etc.

Similarly, there is little doubt that world media organisations would pay a lot for exclusive photos of many members of the Royal family, including the two little tots who could become earners for the family before reaching the age of majority (or wearing the crown).

Imagine the cash that a royal wedding would command for the TV rights and subsequent photo shoots in Hello Magazine and its rivals. The Christmas Day Queen's speech with its incredible viewing figures will also be worth a mint.

If the current government does not achieve this queenly goal, it can only be a matter of time before one of Mr Osborne's desperate successors realises that the only way of keeping his party in office is to sell-off the Royals. 

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By PG1234
15th Jul 2015 17:51

Abolish Not Privatise!

Why not just abolish them altogether.  France does pretty well in the tourism department long after ridding themselves of the ghastly Bourbons.

 

The Queen has done a sterling job but I don't much fancy the prospect of what follows!

 

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