Eye-Watering Amount The Queen’s Jubilee Weekend Will Cost The Taxpayer
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This week, millions of Brits have been hanging bunting, planning street parties, and preparing for two days off work in anticipation of the Queen's Platinum Jubilee.
But the total cost of the four-day national event is pretty staggering.
The celebration of the Queen's Platinum Jubilee will run from Thursday 2 June to Sunday 5 June, with a series of events planned across the weekend.
But who exactly will be paying for it?
Well, a chunk of it comes from the taxpayer's pocket, with chancellor Rishi Sunak setting aside a whopping £28 million of taxpayers' cash, according to 2021's budget.
The government promised a 'once-in-a-generation show' which will combine 'the best of British ceremonial splendour and pageantry with cutting-edge artistic and technological displays'.
There's Trooping the Colour - the Queen's annual birthday celebration - as well as a £15 million Platinum Jubilee Pageant and the BBC's Platinum Party at The Palace.
The money, however, has also been divided towards different projects, as well as £12million into books for primary school children, titled ‘Queen Elizabeth: A Platinum Jubilee Celebration’.
Charities are also contributing to the celebrations, and are donating the following:
- The National Lottery Community Fund’s Platinum Jubilee fund is offering grants of up to £50,000 to 70 community projects.
- The National Lottery Awards For All programme is offering £10,000 grants for 2022 events.
- Arts Council England’s Let’s Create Jubilee Fund is also offering grants of up to £10,000.
- The Arts Council has announced £175,000 to help libraries celebrate. The funding will provide £1,000 for each library service.
- Community organisations will also be able to apply for grants from the Arts Council’s National Lottery Project Grants programme.
- The UK National Archives has announced £30,000 of new funding to mark the Platinum Jubilee.
However, according to VisitEngland, the Jubilee celebrations could bring £1.2 billion to the economy, with £408 million expected to be spent over the four-day weekend.
It's expected that more than 12 million people will take part in the celebrations, whether by eating out, attending street parties or taking overnight breaks.