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Queen Elizabeth Is Really Rich, But Would Rather You Didn’t Know Exactly How Much Money She Has

February 8, 2021
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This weekend, Queen Elizabeth was accused by Britain’s most republican-minded newspaper, the Guardian, of using an arcane parliamentary procedure to avoid disclosing her shareholdings.

The palace has brushed off the accusation. They insist that the mechanism known as Queen’s Consent, in which legislation that may directly affect the interests of the monarch is presented to her before being debated in the House of Commons, is purely ceremonial and has never been abused for Her Majesty’s benefit.

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Queen’s Consent should not be confused with Royal Assent, which is when the monarch signs off on prepared legislation after debate, as a kind of constitutional coda.

Read more at The Daily Beast.

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Originally published at https://www.thedailybeast.com/queen-elizabeth-is-really-rich-but-would-rather-you-didnt-know-exactly-how-much-money-she-has?source=articles&via=rss on February 8, 2021 10:22 am.

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