Wednesday, June 26, 2013

Britain's Queen to boost revenue

Britain's Queen Elizabeth II, he is paid the Crown Estate Fund in 2014 due to an increase in profits to £ 36.1 million ($ 55.3 million, 42.4 million euros) in revenue from £ 37,89 million I would look up, the Sovereign grant said.
The king as head of state spending, provides grants, such as Windsor Park features include the State, the profit is calculated as a percentage.
State now £ 252,6 million profit on Thursday after announcing £ 8.1 billion is worth.

Some of profit to increase government finances are diverted to the Treasury.
The Crown Estate manages a portfolio of Crown, the queen's private property ownership is not.
"[Thursday] results of our portfolio, our active asset management and our highly skilled team of quality is a ringing endorsement," Alison Nimmo, Chief Executive of the Crown Estate.
"Despite challenging market conditions, we have a clear vision and well investment strategies, great partners and a strong balance sheet are placed as a business."

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