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Queen Elizabeth II faces huge losses post-Brexit

The estates of Prince Charles are also facing a funding cut from Brexit of £100,000 a year

London: Britain’s Queen Elizabeth II faces massive losses on her royal estate following the country’s vote to leave the European Union (EU), a media report claimed on Sunday. Sandringham Estate, the British monarch’s country retreat in Norfolk, will lose close to £7,00,000 a year when EU farming subsidies end while the farms near Windsor Castle will be around £300,000 down, the Sunday Telegraph reported. The estates of Prince Charles are also facing a funding cut from Brexit of £100,000 a year while the Crown Estate which manages Royal land will also be hit.

( Source : PTI )
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