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Monday, December 05, 2011

Pay Freeze For Queen In UK Austerity Measures

In a sign of dire economic times across the pond, Buckingham Palace is now doing some budget busting, with the queen herself due for a pay freeze and Prince Charles set to foot the bill for some major expenses.
Queen Elizabeth II will reportedly see a pay freeze until 2015, as new austerity measures in the U.K. have cut funding for the royal household. She reportedly receives about $47 milllion a year taxpayer funding.

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