King gives up to £600 to staff to help with cost of living crisis

25 comments
  1. While its “nice”, I have to ask the obvious question.

    Did they not consider **why** these workers are struggling in the first place? If they were well paid, would they need this single time only “cost of living” bonus?

    Also, I dont see £600 being much help these days, thats what, 2 weeks wages on min wage for people living in some of the most expensive places in the UK?

    ​

    edit: I just thought I would do the maths, at most, if he gave every single 1 of the 491 the full £600, thats £264,600. If it is the 1133 number insider came up with at the beginning of the year, its £679,800. But it was stated not all get the full sum, so it wont be that high.

  2. > the King’s private income

    God bless you sir!

    All those long days and nights you’ve spent working.

    All those 80 hour weeks you’ve put in, breaking your back to be able to afford all those castles and palaces.

    (the King’s private income derives from yours and my tax contributions, plebs)

  3. He shouldn’t get credit for giving away private income if he isn’t also criticised for not paying inheritance tax on the Queen’s private wealth.

  4. “Man who recently dodged £200million in inheritance tax hands out pennies to his serfs” Fixed the headline for you.

  5. Assuming they all get the full £600, with almost 500 staff that is about £300k.

    But he has just inherited £500m that he has avoided paying IHT on, which would have cost him £200m.

    So this is like 0.15% of the tax that anyone else would have paid, if they were lucky enough to inherit half a billion but unlucky enough not to be monarch.

  6. >According to the royal accounts for 2020-2021, there are 491 full-time equivalent staff across the royal palaces paid for from the Sovereign Grant.
    >
    >Staff earning less than £30,000 will receive a single payment of £600, with staff earning more getting less.

    So, assuming all staff get £600 (which they won’t, as it goes down to £350 for people earning 45k, but anyway), that’s £294,600.

    >This is the money from a private estate known as the Duchy of Lancaster… [blah blah blah]… The Duchy of Lancaster usually makes a profit of about £20m a year.

    So that’s about 1.5% of their **profits** they’re giving away.

    How fucking generous.

  7. I find it odd Reddit U.K. subs are obsessed with the cost of living crisis yet the high towns, shops and supermarkets are currently heaving with frivolous spending.

    Working in retail and consumer electronics and having working class social circle, we are all confused why customer spending on luxuries seems to be significantly up while reading all these doom postings about people not being able to eat…

  8. Whoowie! They’ll be having gravy on their crumpets tonight. Gettin’ that sweet, sweet royalty dough. Nearly 2 pounds extra per day? Dang. Just for having to grovel and serve some guy who thinks he “rules” the world, accepts briefcases of cash, and snarls when you leave too
    many papers on his desk. Money for nothing indeed.

  9. Funny story. One of my colleagues lives on a royal estate. Rents a cottage. When Will and Kate are in situ they turn something on that kills their Wi-Fi

  10. This whole “one off payment” thing we’re seeing so much of is gross, because that’s not how inflation works

    Yes, it might help with some of the 11% inflation this year… but next year your pay drops back to the same level as it was, while prices stay high

  11. Could have paid the inheritance tax? Or maybe even give up more of their wealth to their subjects?

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