Hundreds Of Royal Staff Are In Danger Of Being Axed – Why?
In what could be a blow to the royal staff, it is estimated that over 200 employees could be laid off in July as the monarch’s finances continue to be adversely affected by the coronavirus pandemic.
The report cites that tourism, in particular, has taken a hit due to the virus and as such the royal family’s coffers are drying up. Additionally, the Royal Collection Trust has delayed its annual fee to the Royal Household because there is no income from tourism.
The Royal Family Did Not Make As Much Money This Year As In Years Past Due To The Global Pandemic
A few royal sites will be open this summer but the number of tourists will surely be lower this year, which could mean a reduction in operations within the royal household. According to the Sun, between 175 and 250 royal staff could be affected by a reduction in The Firm’s income.
They also stated that many parties are not certain that Queen Elizabeth will return to Buckingham Palace, and that it may be shut down for the rest of 2020.
Master of the household, Vice Admiral Tony Johnstone-Burt, issued the following statement, “We may not be fully operational across all of our various activities until 2021. As a result, we have had to start considering some very difficult decisions.”
In some quarters it has been predicted that the Trust will lose £30million by the end of the 2020/21 period due to COVID-19.
In light of this grim figure, the Trust will also offer voluntary redundancies to over 500 employees including caterers, office staff, and wardens.
A Royal Collection Trust spokesperson has gone on record as saying, “The Covid-19 pandemic has posed by far the greatest challenge to Royal Collection Trust in the charity’s history. The closure to the public has had a very significant and serious impact on our finances, as we are entirely funded by visitor income from admissions and related retail sales.”
Will The Queen Ever Return To Buckingham Palace?
The Queen is currently residing in Windsor Castle and is expected to travel to Balmoral Castle for the remainder of the summer.
— SOS/CTS/HH (@SoapOperaSpy) July 8, 2020
The royal residences Windsor Castle and Buckingham Palace have been closed for over a dozen weeks in the lockdown period, but the former is expected to open if the Queen travels to Balmoral Castle in Scotland. At that time Buckingham Palace could open as well, with a reduction of exhibitions.