How much will it cost for a funeral
Queen Elizabeth died at Balmoral Castle in Scotland on the afternoon of September 8. In the morning, doctors watched him for health problems. The exact cause of death was not given. However, it was clear that the death of the monarch would cost London a large sum. In the calculations of the past years, figures of 1.5-6 billion pounds appeared.
But the Sky News channel, citing experts’ latest estimates, estimated the direct costs of mourning events, funerals and protocol procedures for Charles III alone at around £12 billion. about 836 billion rubles (or a quarter of Moscow’s annual budget).
The funeral and subsequent coronation would require around £6 billion each.
At one time, £10 million was spent on Princess Diana’s funeral. Also, The Insider (the publication is recognized as a foreign media agent in Russia and is included in the list of undesirable organisations) has included them in the ten most expensive funerals. In history.
12 billion pounds is a very real figure, said Oleg Okhoshin, senior researcher at the Center for British Studies at the European Institute of the Russian Academy of Sciences. In addition, the country will spend separately for mourning events.
“Mourning events will be held across the country. Their program covers the whole year, only next month will be the main things. One way or another, the British will be reminded of this sad event for next year.”
Funerals penny
However, 12 billion pounds, the country’s II. It may not be high compared to what it could pay to replace all the symbols associated with Elizabeth.
Among other things, we are talking about the so-called “royal cipher” – the monogram of letters of the reigning monarch. It is found literally everywhere: on the uniform of employees, traditional police helmets, telephone booths, mailboxes, citizens’ passports, signs of state and municipal institutions. The password consists of two letters – the name of the ruler and the gender designation. The late Queen’s password is ER (Elizabeth Regina). It will need to be changed to CR (Charles Rex).
The British budget will have to separately spend money on reprinting the entire national currency (coins, banknotes) and postage stamps already with the image of Charles III.
According to Ohoshin, around £1bn from the budget could be allocated just to replace the royal insignia. To prepare such an amount of money supply will require a serious load on the budget – at least hundreds of millions of pounds, ”says the expert.
In the anthem, the string God Save the Queen (“God Save the Queen”) will be replaced by God Save the King (“God Save the King”). Following this, all official and unofficial bearers of the anthem will be reprinted up to school bylaws and posters.
According to The Sun, flags were lowered and bells rang across the country following the announcement of the British monarch’s death. Only their voices were muffled – special leather sleeves were attached to each bell tongue. In total, there are about 16 thousand churches in Great Britain. It required an average of 12 couplings costing around £45 each. So, bell accessories alone cost the kingdom’s budget £8.6 million or 599 million rubles.
Britain’s life and economy will freeze
In addition, the UK economy will suffer from the disruption of all government agencies, which will close their doors indefinitely (according to recent information, III preplanned 12). We’re talking about the Bank of England, the Stock Exchange, banks and other government-owned businesses.
The closure of the Bank of England in connection with mourning events, the so-called ‘London Bridge’ operation developed in the 60s, will have serious consequences for the financial sector. Because the regulator cooperates closely with the London Stock Exchange and international monetary institutions. So far, it is difficult to assess the volume of losses, because the Queen of Great Britain died only yesterday, ”said the author.
The interlocutor of Gazeta.ru noted that the UK budget will lose a significant amount of funds from the decrease in the number of tourists. “First of all, the royal family and World War II. The country will suffer from a drop in tourist traffic as Elizabeth’s personality is the focus of close attention from people around the world. Many wanted to come to London to visit Buckingham Palace while the Queen of Great Britain was there. This amounted to £600m in the country’s budget for the year,” Ohoshin added.
Following the announcement of the Queen’s death, the British Parliament and autonomous legislatures in Scotland, Wales and Northern Ireland also suspended work.
The date of the funeral will be declared as the “National Day of Mourning”, which will actually be a holiday, although it is not officially called a holiday. And that’s a full day of economic downtime for the entire state. A 2014 article in The Daily Telegraph estimated the potential damage to UK GDP from these lockdowns at between £2.5bn and £5bn per day. Given eight years of inflation and the current energy crisis in the UK, that figure could be doubled. So just the next week of mourning could result in losses of £35-70bn.