The money and power of the monarchy

£100 MILLION pay rise for the queen

At the end of last week it was reported that the queen’s income was likely to rise by over £ 100m p.a. as result of the licensing of plots for off-shore windfarms. It’s not that the monarchy needs another £100m a year – it’s just the result of a ludicrous decision to give the monarch 25% of the income of the Crown Estate. 

A few weeks ago the queen honoured Capt Tom Moore for raising £ 33m for the NHS. The queen’s pay rise is going to be three times that amount, but it’s not going be of much help to Covid patients. 

What sort of country are we if we’ve prepared to give another £100m a year to an exceptionally wealthy woman when so many people have lost their incomes because of the pandemic, and when rising poverty places new demands on food banks?

The queen has more power over British law than we ever thought

This week the Guardian has reported how royal lobbying led to a proposed law being changed so that extent of the Queen’s fortune, and companies in which she was investing, would not be revealed. However, this was only one of the cases in which the Guardian found that the royals had applied pressure to change draft legislation through the ‘Queen’s consent’. This protocol requires the monarch’s approval of draft legislation which might affect the monarch’s interests. 

According to an expert in constitutional law
“The anti-democratic potential of the consent process is obvious: it gives the Queen a possible veto, to be exercised in secret, over proposed laws”.

What sort of democracy are we if allow a person, because of their parentage, a veto over what our parliament can debate?

Now we need to act. Please:

  • Write to your MP asking what they will do to bring this nonsense to an end (and if you have a Labour MP, what they think the Party should do);
  • Raise the issue in your CLPs and branches – encourage them to hold a discussion/debate on republicanism and remind them that Labour for a Republic is happy to ‘send’ speakers to Zoom meetings;
  • Encourage your fellow Labour members to join Labour for a Republic (by clicking here).

Best wishes

The Labour for a Republic team

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