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Peter Martin
Byrne Robotics Member
Joined: 17 March 2008
Location: Canada
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| Posted: 10 September 2022 at 2:11pm | IP Logged | 1
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QUOTE:
| (Elizabeth’s coronation cost over forty million adjusted pounds.) |
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To put it into perspective, Trunp's US presidential inauguration ceremony reportedly cost $200 million and the inauguration ceremony happens every four years.
In comparison, it seems like better value when it only happens once every few decades (and in QEII's case, there was a seventy year gap, which seems like a nice bonus).
Furthermore, the crown estate gives 75% of its revenues each year to the UK government (net revenue of the Crown Estate in 2021/2022 was £312m).
The biggest cost is actually the bank holiday that goes with it, which costs over £1bn in lost work, though it is offset by some degree by a boost to retail spending. A lot of money is obviously generated by sales of memorablia, photographs, presumably the video rights will be sold around the world.
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John Byrne
Grumpy Old Guy
Joined: 11 May 2005
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| Posted: 10 September 2022 at 2:12pm | IP Logged | 2
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Charles has now been officially declared King, and sworn an oath of loyalty. In these financially fraught times, does Great Britain really need more than that?
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Wilson Mui
Byrne Robotics Member
Joined: 27 June 2004
Location: United States
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| Posted: 10 September 2022 at 3:43pm | IP Logged | 3
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In these financially fraught times, does Great Britain
really need more than that?
=========
Supposedly, the coronation will be limited to 2,000
attendees, which is a quarter of what Queen Elizabeth had,
so they seem to have some kind of awareness of not making
it too elaborate. Also, I read about a study done years ago
that said the Royal family has a positive effect on tourism
and the British economy. To me, these kinds of ceremonies
are just part of it.
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John Byrne
Grumpy Old Guy
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| Posted: 12 September 2022 at 5:39pm | IP Logged | 4
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CNNInteresting opinion.
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Peter Martin
Byrne Robotics Member
Joined: 17 March 2008
Location: Canada
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| Posted: 12 September 2022 at 6:57pm | IP Logged | 5
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QUOTE:
| Charles has now been officially declared King, and sworn an oath of loyalty. In these financially fraught times, does Great Britain really need more than that? |
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How would skipping a coronation serve King Charles' position as the head of the commonwealth? Would it serve to bolster his reputation or diminish it? The King is a symbolic figure. The nuts and bolts of what he actually does is minimal. How things look, how they appear, how they serve to bolster the pride of his nation and commonwealth, how the traditions of the monarch being upheld serve to confer legitimacy on every elected government: this is the bread and butter of the sovereign in a constitutional monarchy. In others words, tradition is important. Skip the tradition, you may as well go to a republic, get rid of the monarch... And then have to foot the bill of inaugurating a head of state every few years.
Edited by Peter Martin on 12 September 2022 at 6:57pm
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John Byrne
Grumpy Old Guy
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| Posted: 12 September 2022 at 8:19pm | IP Logged | 6
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How would skipping a coronation serve King Charles' position as the head of the commonwealth? Would it serve to bolster his reputation or diminish it? ••• As noted, it is a time of financial crisis in n the British Isles. For Charles to declare the enormous cost of the coronation could be better spent elsewhere would send a positive message to his troubled people.
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Andrew Bitner
Byrne Robotics Member
Joined: 01 June 2004
Location: United States
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| Posted: 12 September 2022 at 8:24pm | IP Logged | 7
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I agree. Huge displays of wealth with droves of celebrities and what would seem like flaunting their position would be a bad message to send at this time.I suspect some of the same lies in the relatively understated approach to the Queen's funeral. Biden and the First Lady are going without a US delegation.
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Brennan Voboril
Byrne Robotics Member
Joined: 15 January 2011
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| Posted: 12 September 2022 at 11:47pm | IP Logged | 8
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Somehow with the properties etc. the royals "own" I can't see how skipping the pomp of coronation would make any difference.
I've read that six of ten businesses in the UK will go under this winter due to energy costs, and I've seen some of the bills commoners are getting.
Yikes.
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Rebecca Jansen
Byrne Robotics Member
Joined: 12 February 2018
Location: Canada
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| Posted: 13 September 2022 at 12:10am | IP Logged | 9
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QUOTE:
| Huge displays of wealth with droves of celebrities and what would seem like flaunting their position |
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That didn't work out too well for the Shah of Iran as I remember... :^O
I feel like the Queen was important and respect how we measure generations and eras by reigns of British monarchs, but if all this palaver such as gets shown on many channels right now is costing a lot who needs it. I don't honestly know that it is costing a lot though; aren't beefeaters and military personnel on duty anyway? Flags and other symbols already at hand/out of storage?
Edited by Rebecca Jansen on 13 September 2022 at 12:11am
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James Woodcock
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Joined: 21 September 2007
Location: United Kingdom
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| Posted: 13 September 2022 at 5:58am | IP Logged | 10
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There are many extra costs associated with the current events & the state
funeral. Police are being drafted into the events from across the UK due the
size of the crowds for example - that bill will be massive.
Extra clean up costs, extra transport costs getting many, many people from
point a to point b, the outside broadcast bills will be massive.
The costs associated with putting all these things in place, regardless of
whether they are in storage or not - it still costs a load of money to put that
infrastructure out - & a lot of that will be paid as overtime.
This will be costing millions, make no mistake about that. But as pointed out
above - the figure will be a drop in the ocean compared to what, say, a
Presidential inauguration will cost.
It will also be a drop in the ocean compared to the £150 billion that it will
cost, at least, to keep the energy bill capped @ £2,500 a year.
So yes, we cut cut those costs & scale every thing back, but that could be
said about any state event, or many other things that would be seen as
wastes of money by different sections of society - for example, the
olympics, the commonwealth games, the World Cup, the emmys, the
Oscar’s, Christmas lights switch on events, sending rockets to the moon -
the list goes on.
But very soon, you would have a joyless society, because there would
always be some section that disagrees with some event - & technically, if
you hear & cancel one, the principles behind that cancellation, especially if
it is a case of ‘we could do so much more with that money if we gave it to
society now, & delayed what we were going to do to a time when the
economy was not so stretched’, well, you would have to cancel everything.
And just to be clear - I am not actually comparing sending rockets to the
moon to a state funeral or football match. But these are all things people
complain about when it comes to large amounts of money being spent that
could be used to get people off the streets & fed.
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David Teller
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Joined: 05 June 2004
Location: United Kingdom
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| Posted: 13 September 2022 at 7:43am | IP Logged | 11
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The public are not bothered by the cost of a coronation. There is lots of goodwill at the moment for the royal family and the government is trying to build more nationalism/jingoism for their own reasons (Brexit)
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James Woodcock
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Joined: 21 September 2007
Location: United Kingdom
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| Posted: 13 September 2022 at 8:00am | IP Logged | 12
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Agree with every word of that David.
Little miss knows nothing has one heck of a mountain to climb & sees this
as her way of doing that - there’s is no reason for her to accompany the
new king on a goodwill tour, but there she will be.
Of course, the heavy handed manner that protesters are being treated
could well put a spanner in the good will feelings
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