Monthly Archives: November 2017
GivingTuesday – Double the impact of your support
Now through #GivingTuesday – Tea Party Patriots Foundation has a “Matching Gift Offer” on the table.
Weekly news roundup – Cabinet cave in as May uses Budget to deflect divorce bill betrayal
If there was a week for the Prime Minister to betray the popular will and end it with her position intact, this was it, Budget week.
From all of us at Tea Party Patriots, we wish you a happy Thanksgiving
We at Tea Party Patriots have a lot to be thankful for this year and we are hopeful we’ll continue to see more to be thankful for from the Trump administration. We asked our supporters what they are thankful for this Thanksgiving. Their answers will make you proud to be an American:
Matching Gift Offer to Support the Constitution
The Battle of Cambrai – 100 years on
What are you thankful for?
The House of Representatives passed its tax reform bill last Thursday, and now we are shifting our attention to the Senate.
Valued at £67 Billion, the Monarchy is Britain’s Greatest Treasure
- Brand Finance estimates the capital value of the UK Monarchy as a business at £67.5bn
- Monarchy’s annual contribution to the UK economy in 2017 is £1.766bn
- Annual cost per head is less than £4.50 a year, equal to just over 1p a day
View the Brand Finance Monarchy 2017 report here
As the Queen and Duke of Edinburgh celebrate their Platinum Wedding Anniversary, leading brand and business valuation consultancy Brand Finance has estimated the total worth of the UK Monarchy. Growing every year since the inception of the study in 2012, the value of the British Monarchy now amounts to approximately £67.5 billion.
The Monarchy’s tangible assets – the Crown Estate, the Duchies of Lancaster and Cornwall, and the Royal Collection, including the Crown Jewels – account for £25.5 billion. The intangible value, understood as the present value of the benefits that the Monarchy is expected to bring the UK economy over the years, constitutes the remaining £42 billion.
Brand Finance estimates that in 2017 the Monarchy generated a gross uplift of £1.766 billion to the UK economy. The contribution includes the Crown Estate’s surplus as well as the Monarchy’s indirect effect on various industries. The respect for the institution boosts the price and volume premium of brands boasting a Royal Warrant or a Coat of Arms; the appeal of pomp and circumstance set in living royal residences draws millions of tourists; the mystique surrounding the Monarchy adds to the popularity of shows like The Crown and Victoria that offer a glimpse of the private lives of the Royal Family.
The economic benefits generated by the Monarchy come at a very low cost to the British nation, equal to only £4.50 per person per year or just over 1p a day. The overall costs of the Monarchy, totalling approximately £292 million, include the Sovereign Grant, earnings from the Duchies of Lancaster and Cornwall ceded to the Queen and the Prince of Wales, and security expenses, among others. A significant proportion of these costs is in fact incurred by residence maintenance, staff salaries, and travel expenditures required by any head of state.
David Haigh, CEO of Brand Finance, commented:
“Exactly 25 years ago, the Windsor Castle fire marked the nadir of the Queen’s annus horribilis when scandals drove the Monarchy’s popularity down. Today, its universal appeal translates to the attraction of Brand Monarchy offering considerable commercial benefits to all businesses and institutions associated with it.”
“The Monarchy is Britain’s national treasure, both symbolically and economically. Especially in the age of Brexit, Britain can rely on royal diplomacy to facilitate trade relations with the Commonwealth and the rest of the world.”
House GOP passes tax reform, another step towards a simpler, flatter and fairer tax code in 2018
For the first time in decades, the House Republicans passed a comprehensive tax reform bill this week – the first step towards putting a bill on President Trump’s desk by the end of the year. The Senate needs to move forward with its bill that would repeal ObamaCare’s individual mandate and they need to ensure that tax cuts will go into effect in 2018. If both chambers work together, the GOP has the opportunity to reform the tax code for the first time since the 1980s and at the same time provide relief from ObamaCare by repealing the insidious individual mandate.