Broke Down Palace: Queen Elizabeth down to last million!

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

LONDON, UK – It seems Britain’s Queen Elizabeth is dropping a few pounds in the New Year and it’s not cuz the ol’ gal’s cutting carbs.

The Royal family could become commoners (gasp). Well, probably not.

A report from British lawmakers say the Queen’s got just 1 million pounds left in financial reserves after the royal household spent 2.3 million pounds over its budget last year.

In U.S. dollars, that’s $3.8 million more than their $51.4 million budget that was provided by taxpayers last year.

The report also criticized the royals’ “complacency” in letting 39% of their royal buildings and land slip into a state of disrepair.

A Buckingham Palace spokesperson says maintaining the royal family’s estate, like the recent roof repair job at Windsor Castle or the removal of asbestos from Buckingham Palace, is a “priority!”

Asbestos? In the palace?

Maybe living like royals isn’t all it’s cracked up to be.

Latest Weather Forecast

More Weather

Houston 'Remarkable Women' Spotlight

More Remarkable Women



More Morning Dose