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Buckingham Palace repairs funding approved by MPs | Buckingham Palace repairs funding approved by MPs |
(35 minutes later) | |
Funding for a multimillion-pound refurbishment of Buckingham Palace has been approved by MPs. | Funding for a multimillion-pound refurbishment of Buckingham Palace has been approved by MPs. |
They backed changes to the Sovereign Grant - the funding formula for the monarchy's official duties - by 464 votes to 56. | They backed changes to the Sovereign Grant - the funding formula for the monarchy's official duties - by 464 votes to 56. |
The grant will increase by 10% to pay for the £369m refurbishment. | The grant will increase by 10% to pay for the £369m refurbishment. |
Officials say the essential work - set to take 10 years - is needed to avoid the risk of "catastrophic building failure". | |
Ageing cables, lead pipes, wiring and boilers will be replaced, many for the first time in 60 years, amid fears about potential fire and water damage. | Ageing cables, lead pipes, wiring and boilers will be replaced, many for the first time in 60 years, amid fears about potential fire and water damage. |
Two Labour MPs - Rushanara Ali and Dennis Skinner- were among those who opposed the move, along with 46 from the SNP. | Two Labour MPs - Rushanara Ali and Dennis Skinner- were among those who opposed the move, along with 46 from the SNP. |
A review by the Royal Trustees - who include the prime minister and the chancellor - agreed that works to the palace should be funded by a temporary increase in the Sovereign Grant. | A review by the Royal Trustees - who include the prime minister and the chancellor - agreed that works to the palace should be funded by a temporary increase in the Sovereign Grant. |
Profits from the independent property business Crown Estates go to the Treasury, which in turn gives 15% of the sum to the monarch in the form of the Sovereign Grant. | Profits from the independent property business Crown Estates go to the Treasury, which in turn gives 15% of the sum to the monarch in the form of the Sovereign Grant. |
The grant will be raised between 2017 and 2027 from 15% to 25% of Crown Estate profits. | The grant will be raised between 2017 and 2027 from 15% to 25% of Crown Estate profits. |
An online petition calling for the royals to pay for the refurbishment rather than taxpayers attracted more than 145,000 signatures. | An online petition calling for the royals to pay for the refurbishment rather than taxpayers attracted more than 145,000 signatures. |
But Shadow chancellor John McDonnell, who describes himself as a republican, said he backed the taxpayer-funded restoration, calling the palace a "national monument" that needed to be preserved. | But Shadow chancellor John McDonnell, who describes himself as a republican, said he backed the taxpayer-funded restoration, calling the palace a "national monument" that needed to be preserved. |
The Queen will remain in residence during the work, which will begin in April. | The Queen will remain in residence during the work, which will begin in April. |
The palace will also remain open to visitors, due to the decision to phase the works over a decade. | The palace will also remain open to visitors, due to the decision to phase the works over a decade. |