Britain's Queen Elizabeth II smiles as she walks past Yeoman of the Guard, after attending the Maundy service, at Christ Church Cathedral in Oxford, England, Thursday, March 28, 2013. During the service the Queen distributed the Maundy money to 87 women and 87 men, one for each of The Queen’s 87 years. Each recipient receives two purses, one red and one white. The red purse will contain a 5 pound coin and 50 pence coin commemorating the 60th anniversary of The Queen’s Coronation. The white purse will contain uniquely minted Maundy Money. This takes the form of silver one, two, three and four penny pieces, the sum of which equals the number of years the Monarch has years of age. This year there will be 87 pennies worth distributed. (AP Photo/Kirsty Wigglesworth, Pool)
Britain's Queen Elizabeth II smiles as she walks past Yeoman of the Guard, after attending the Maundy service, at Christ Church Cathedral in Oxford, England, Thursday, March 28, 2013. During the service the Queen distributed the Maundy money to 87 women and 87 men, one for each of The Queen’s 87 years. Each recipient receives two purses, one red and one white. The red purse will contain a 5 pound coin and 50 pence coin commemorating the 60th anniversary of The Queen’s Coronation. The white purse will contain uniquely minted Maundy Money. This takes the form of silver one, two, three and four penny pieces, the sum of which equals the number of years the Monarch has years of age. This year there will be 87 pennies worth distributed. (AP Photo/Kirsty Wigglesworth, Pool)
LONDON (AP) — Queen Elizabeth II has received a 5 million-pound ($7.6 million) boost in annual funds the British monarch receives from taxpayers to carry out official duties, pay staff and maintain royal palaces.
The Sovereign Grant has been set at 36.1 million pounds for the 2013/14 financial year, compared to 31 million pounds allocated during the past year.
The new fund — which equals 15 percent of the profits of the Crown Estate — came into effect Monday, replacing centuries-old royal funding systems.
A Buckingham Palace spokesman stressed Tuesday the grant is in fact 15 percent less in real terms than the royal household's expenditure five years ago.
Last year, royal accounts showed that the cost of supporting the monarchy rose slightly to 32.3 million in 2011 to 2012.
Affluent Americans may want to double-check how much of their bank deposits are protected by government-backed insurance. The rules governing trust accounts just changed.
Former NBA guard Darius Morris has died at the age of 33. He played for five teams during his four NBA seasons. Morris played college basketball at Michigan.
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Teams have made their big splashes in free agency and made their draft picks, it's time for you to do the same. It's fantasy football mock draft time. Some call this time of year best ball season, others know it's an opportunity to get a leg up on your competition for when you have to draft in August. The staff at Yahoo Fantasy did their first mock draft of the 2024 season to help you with the latter. Matt Harmon and Andy Behrens are here to break it all down by each round and crush some staff members in the process.
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