Tuesday, January 28, 2014

UK lawmakers tell queen to cut costs, boost income

FILE - This is a Sunday, Nov. 10, 2013 file photo of Britain's Queen Elizabeth II as she listens during the service of remembrance at the Cenotaph in Whitehall, London. A monarch's life is not all luxury and glamour. A report by British lawmakers into the finances of Queen Elizabeth II has exposed crumbling palaces and depleted coffers, and discovered that a royal reserve fund for emergencies is down to its last million pounds ($1.6 million). In the Tuesday Jan. 28, 2014, report the legislators urged royal officials to adopt a more commercial approach to making money, and suggested opening up Buckingham Palace to visitors more often. (AP Photo/Kirsty Wigglesworth) LONDON (AP) — Britain's royal household needs to get a little more entrepreneurial, eye possible staff cuts and replace an ancient palace boiler, lawmakers say in a new report.








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