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The Queen's credit crunch
Filed in archive markets by leon on December 17, 2008
The Queen's credit crunch


No-one is immune from the credit crunch. Not even Queen Elizabeth.

Richard Kay at the Daily Mail reports that she has cut back on the traditional Christmas presents for staff at Buck House. This year, they'll just get a pair of coasters.

As Royal Watch News reports, the Queen has now taken to growing fruit on her estate at Balmoral in order to save money. It quotes a source saying: ""The queen wants to make savings like everyone else. She spends hundreds of pounds buying exotic fruits for the kitchen and a lot more on cut flowers. She's decided enough is enough and wants to be self-sufficient. A small fruit crop is expected this year from the new indoor fruits, apricots and grapes, and the rest will be picked next year."

Times are tough. Her dressmaker Hardy Amies and favorite porcelain maker Royal Worcester and Spode have both filed for administration, reports AFP.


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Tags: Queen  Elizabeth    credit  crunch  2008  credit+crunch  queen+credit 
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