Qadin.NET / The Queen's new business was a success

The Queen's new business was a success

As all royal residences are closed to tourists due to the pandemic, the United Kingdom is looking for additional sources of income.
A new type of work has been mastered to relatively eliminate the damage, Qadin.Net reports quoting publika.az.
Thus, a new type of gin was produced on the basis of drinks of the royal family. The raw material for the drink is collected from His Majesty's gardens. Contains 12 plant species, including lemon, hawthorn berry & mulberry leaves A bottle of the new drink sells for 40 pounds. Demand for royal drink has increased since the early days.
All proceeds from the sale will be used to preserve the unique art collection of the British monarchy. Buckingham aims to cover the £ 18-22 million loss caused by the closure.

According to Oleg Okhoshi, a senior researcher at the British Research Center, selling gin is a good marketing ploy: “Because gin is Queen Elizabeth II's favorite drink. Gin is still an elite type of alcohol for the British. By British standards, this drink is sold more as a souvenir than ordinary alcohol.

According to British media, Buckingham Palace will not open for a long time. This means serious consequences for its owners. Many employees of the palace are afraid of losing their jobs. According to British media, the "black list" includes 250 people from the Royal Collection Trust. But if things get really hard, the royal family can make up for the losses from tourism with the income they get from renting real estate.

The royal family owns a large real estate fund. A small part of it belongs to Elizabeth II and her family. For example, the Balmoral Tower in Scotland and the Duchy of Lanchester bring in about £ 20 million a year. But most of it is gathered in a place called "Crown". The property, valued at 14 billion pounds, also belongs to the monarch. But it is spent after a certain censorship. In other words, first of all, all the income from the rent of buildings and shopping centers goes to the budget, and only then the government subsidizes the royal family from this money.

2 August 2020
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