The Sovereign Grant and Sovereign Grant Reserve annual report and accounts 2012-13
The Sovereign Grant and Sovereign Grant Reserve annual report and accounts 2012-13

Author: Royal Trustees

Publisher: Stationery Office

Published: 2013-06-27

Total Pages: 84

ISBN-13: 9780102984248

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The Sovereign Grant Act 2011 which came into effect from 1 April 2012 consolidated the funding provided to support the official duties of the Queen and maintain the Occupied Royal Palaces that up to 31 March 2012 had been provided under the Civil List and the Grants-in-aid for the maintenance of the Occupied Royal Palaces, Royal Travel and Communications and Information. The Queen's official expenditure is met from public funds in exchange for the surrender by The Queen of the revenue from the Crown Estate. The Sovereign Grant was set at 31.0 million pounds for 2012-13. Official expenditure met by this Grant in 2012-13 amounted to 33.3 million pounds, an increase of 0.9 million (2.6 percent) in absolute terms and a decrease of 0.2 percent in real terms compared to the previous year. The equivalent of the excess of expenditure over the Sovereign Grant of 2.3 million in 2012-3 was drawn down from the Sovereign Grant Reserve. From 2013-14 the Sovereign Grant will be calculated based on 15 percent of the income account net surplus of the Crown Estate for the financial year two years previous. The Crown Estate surplus for the financial year 2011-12 amounted to 240.2 million pounds thereby producing a Sovereign Grant of 36.1 million for 2013-14

National Audit Office - The Royal Household: The Sovereign Grant - HC 722
National Audit Office - The Royal Household: The Sovereign Grant - HC 722

Author: Great Britain: National Audit Office

Publisher: The Stationery Office

Published: 2013-10-10

Total Pages: 32

ISBN-13: 9780102986181

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Financial support from the Government to the Sovereign was consolidated from 1 April 2012 into the Sovereign Grant and the existing Civil List reserve fund was transferred into a Sovereign Grant Reserve. The Sovereign Grant Act 2011 set the initial Grant for 2012-13 at £31 million. For subsequent years the level of the Grant is based on a percentage, initially 15 per cent, of the net income of the Crown Estates in the year two years prior to the funding year. Following this formula the Grant is set to rise to £36.1 million in 2013-14 and is likely to be £37.9 million in 2014-15. The Act also introduced new arrangements to strengthen the accountability and scrutiny of the Household for the spending on The Queen's official business. The Comptroller and Auditor General is the statutory auditor of the Sovereign Grant and Sovereign Grant Reserve accounts which are laid before Parliament. The first Annual Report and Accounts for the Sovereign Grant and Reserve Fund, covering 2012-13, were published on 27 June 2013 (HC 212, session 2013-14, ISBN 9780102984248), and form the basis of this memorandum. The memorandum for the Public Accounts Committee sets out: the changes to the Household's funding arrangements and the introduction of the Sovereign Grant; the calculation of the Sovereign Grant, the Reserve Fund and the impact on the Household's management of its finances; the Household's financial management of the Sovereign Grant.

Royalty Inc.
Royalty Inc.

Author: Stephen Bates

Publisher: Quarto Publishing Group USA

Published: 2015-09-03

Total Pages: 416

ISBN-13: 1781314799

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The former Guardian royal correspondent “wisely explores a host of issues surrounding the royals, from the monarchy’s role to the legacy of Diana” (Get Surrey). It was an amazing feat in the twenty-frst century that Queen Elizabeth II, a small woman in her late-eighties, was one of the most recognisable people on the planet. The world had utterly, irreversibly, and radically evolved since she ascended the throne in 1952 and yet, in an era of instant celebrity, she remained, more popular than ever: a bastion of certainty and comfort to the British and many other people during uncertain times. But with her death on September 8, 2022, questions remain: How secure is the British Royal Family? How much depended on the person of the Queen herself, and how much on the institution? To answer these questions, Royalty Inc. combines a history of the British Crown’s evolution through the modern age with a journalistic peek behind the curtain at the machinery that sustains the Windsors today. Written by the Guardian’s former Royal correspondent, its line is neither royalist nor republican. Instead it takes a clear-eyed look at a host of issues, including the future of the Commonwealth, the Monarchy’s role in the British constitution and class system, King Charles’ notorious “black spider memos,” the true scale of the Royal finances, the legacy of Diana, and the problems and pressures faced by any heir to the throne in the future. “Fearless and perceptive . . . Stephen Bates tells it like it is, covering every aspect with rare humour and intelligence. I couldn’t recommend it more highly.” —Literary Review

Britain's Persuaders
Britain's Persuaders

Author: Helen Ramscar

Publisher: Bloomsbury Publishing

Published: 2021-10-21

Total Pages: 265

ISBN-13: 0755634284

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'Soft power' is an oft-used term and commands an instinctive understanding among journalists and casual observers, who mostly interpret it as 'diplomatic' or somehow 'persuasive'. 'Hard power' is seen, by contrast, as something more tangible and usually military. But this is a superficial appreciation of a more subtle concept - and one key to Britain's future on the international stage. Britain's Persuaders is a deep exploration of this phenomenon, using new research into the instruments of soft power evident in British society and most relevant to the 2020s. Some, like the British Council or the BBC World Service, are explicitly intended to generate soft power in accordance with governmental intentions; but rather more, like the entertainment industries, sport, professional regulatory bodies, hospitality industries or education sectors have more penetrating soft power effects even as they pursue their own independent or commercial rationales. This book conducts an up-to-date 'audit' of all Britain's principal sources of soft power. Situating its analysis within the current understanding of the 'smart power' of nation states – that desire to employ the full spectrum of policy instruments and national characteristics to achieve policy outcomes, specifically in the context of 'Brexit Britain' where soft power status is certain to loom larger during the 2020s.

The Role of Monarchy in Modern Democracy
The Role of Monarchy in Modern Democracy

Author: Robert Hazell

Publisher: Bloomsbury Publishing

Published: 2020-09-17

Total Pages: 327

ISBN-13: 1509931031

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How much power does a monarch really have? How much autonomy do they enjoy? Who regulates the size of the royal family, their finances, the rules of succession? These are some of the questions considered in this edited collection on the monarchies of Europe. The book is written by experts from Belgium, Denmark, Luxembourg, the Netherlands, Norway, Spain, Sweden and the UK. It considers the constitutional and political role of monarchy, its powers and functions, how it is defined and regulated, the laws of succession and royal finances, relations with the media, the popularity of the monarchy and why it endures. No new political theory on this topic has been developed since Bagehot wrote about the monarchy in The English Constitution (1867). The same is true of the other European monarchies. 150 years on, with their formal powers greatly reduced, how has this ancient, hereditary institution managed to survive and what is a modern monarch's role? What theory can be derived about the role of monarchy in advanced democracies, and what lessons can the different European monarchies learn from each other? The public look to the monarchy to represent continuity, stability and tradition, but also want it to be modern, to reflect modern values and be a focus for national identity. The whole institution is shot through with contradictions, myths and misunderstandings. This book should lead to a more realistic debate about our expectations of the monarchy, its role and its future. The contributors are leading experts from all over Europe: Rudy Andeweg, Ian Bradley, Paul Bovend'Eert, Axel Calissendorff, Frank Cranmer, Robert Hazell, Olivia Hepsworth, Luc Heuschling, Helle Krunke, Bob Morris, Roger Mortimore, Lennart Nilsson, Philip Murphy, Quentin Pironnet, Bart van Poelgeest, Frank Prochaska, Charles Powell, Jean Seaton, Eivind Smith.

Model Rules of Professional Conduct
Model Rules of Professional Conduct

Author: American Bar Association. House of Delegates

Publisher: American Bar Association

Published: 2007

Total Pages: 216

ISBN-13: 9781590318737

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The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.

Global Financial Stability Report, April 2012
Global Financial Stability Report, April 2012

Author: International Monetary Fund. Monetary and Capital Markets Department

Publisher: International Monetary Fund

Published: 2012-04-18

Total Pages: 94

ISBN-13: 1616352477

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The April 2012 Global Financial Stability Report assesses changes in risks to financial stability over the past six months, focusing on sovereign vulnerabilities, risks stemming from private sector deleveraging, and assessing the continued resilience of emerging markets. The report probes the implications of recent reforms in the financial system for market perception of safe assets, and investigates the growing public and private costs of increased longevity risk from aging populations.