Royals Are Living Beyond Their Means In Palaces Which Need £50m Repairs
4,425 views · Published 28 January 2014 · 2:34 · Indexed 8 November 2026
Channel: Sky News · 2014 · News & Politics
Financial mismanagement within the Royal household is putting the future of some of our finest buildings at risk, according to the parliamentary watchdog responsible for scrutinising Royal finances. The Public Accounts Committee (PAC) believes over a third of the Royal estate, which includes both Buckingham Palace and Windsor Castle, is in disrepair and has put the cost of fixing it at around £50m. Margaret Hodge MP, who chairs the committee, told Sky News: "Forty per cent of it needs something doing to it. "The boilers at Buckingham Palace haven't been replaced for 60 years. "Windsor Castle has problems with the bedrooms and the Royal Picture Gallery has buckets to catch the water coming through." http://news.sky.com/story/1202049/royal-estate-overspend-leaves-50m-repair-bill SUBSCRIBE to our YouTube channel for more great videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews and https://twitter.com/skynewsbreak Like us on Facebook: https://www.facebook.com/skynews For more great content go to http://news.sky.com and download our apps: iPad https://itunes.apple.com/gb/app/Sky-News-for-iPad/id422583124 iPhone https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB