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>> ELIZABETH II Latest News

JAN 28, 2014 - Boston Herald

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UK lawmakers tell queen to cut costs, boost income

LONDON — 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.The report published Tuesday on 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).

Tags: UK lawmakers tell queen to cut costs, boost income,  Elizabeth Ii Latest News