Biz Point
  • Home
  • News
  • National
  • Business News
  • Forex
  • Tech
  • Entertainment
  • HAUSA
  • More
    • About Us – Biz Point
    • Contacts
    • Disclaimer
    • Privacy Policy
    • Terms & Conditions
No Result
View All Result
  • Home
  • News
  • National
  • Business News
  • Forex
  • Tech
  • Entertainment
  • HAUSA
  • More
    • About Us – Biz Point
    • Contacts
    • Disclaimer
    • Privacy Policy
    • Terms & Conditions
No Result
View All Result
Biz Point
No Result
View All Result
Home International

Economic crisis: King Charles shares $700 bonus to low-paid palace workers from his pocket

BizPoint by BizPoint
November 13, 2022
in International
0
Economic crisis: King Charles shares $700 bonus to low-paid palace workers from his pocket
0
SHARES
63
VIEWS
Share on FacebookShare on Twitter

King Charles III will give an extra £600 (about $700) out of his own pocket to those earning below £30,000, such as cleaners, servants, and footmen, an unnamed source told The Sun.

“The King is giving money out of his own pocket to the lowest earners working for the household to help them cope with the cost of living crisis,” the person told the newspaper.

“It is being given on a sliding scale with those most in need and on lower wages getting the most money. It is to target where it is needed the most in the Royal Household and reflects the reality of the economic situation the country faces.”

MAI KIFI AD
ADVERTISEMENT

The source also said Charles was “very much aware” of the big jump in energy bills people and was “doing what he can.”

 

READ ALSO: 75 Saudi companies to storm Kano for business exhibition – Official

 

Buckingham Palace didn’t immediately respond to a request for comment from Insider.

A bonus of £400 will be given to those earning between £30,000 and £40,000, while those earning up to £45,000 will get £350, according to The Sun. Single people who are provided with accommodation by the Palace will get an extra £200.

Employment website Indeed estimated the average salary for Royal Household staff ranged from £15,330 for cleaners to £57,446 for procurement managers.

King Charles’s coronation, planned for May 2023, is also reportedly going to be a much more low-key affair than the one Queen Elizabeth II had. It will have a far smaller guest list of about £2,000 people compared with more than £8,000 for his mother’s ceremony, as well as a more casual dress code.

 

(Business Insider)

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X

Ad 2
Tags: International
ADVERTISEMENT
Previous Post

3 killed, 100 shops razed as fire outbreak hits Kano market

Next Post

Nigerian crypto startup, Nestcoin, will sack workers after losing assets to FTX crash

BizPoint

BizPoint

Related Posts

From the ground up: the youth and women creating change in Tanzania
International

From the ground up: the youth and women creating change in Tanzania

September 4, 2025
President’s son jailed for selling national aircraft in African country
International

President’s son jailed for selling national aircraft in African country

August 27, 2025
UK Bans People With Criminal Records From Football, Travel, Others In New Policy
International

UK Bans People With Criminal Records From Football, Travel, Others In New Policy

August 24, 2025
Asian country bans online gambling after citizens lose $2.3bn annually
International

Asian country bans online gambling after citizens lose $2.3bn annually

August 22, 2025
Namibia suspends state funerals over high cost
International

Namibia suspends state funerals over high cost

July 6, 2025
BREAKING: African Development Bank elects new president as Adesina’s tenure ends
International

BREAKING: African Development Bank elects new president as Adesina’s tenure ends

May 29, 2025
Next Post
Nigerian crypto startup, Nestcoin, will sack workers after losing assets to FTX crash

Nigerian crypto startup, Nestcoin, will sack workers after losing assets to FTX crash

ADVERTISEMENT

Stay Connected test

  • 23.9k Followers
  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
RE: From NEPU to Asara — By Ibrahim Bello Kano

RE: From NEPU to Asara — By Ibrahim Bello Kano

August 21, 2025
UPDATED: Kano gov announces date for implementation of new minimum wage

UPDATED: Kano gov announces date for implementation of new minimum wage

October 29, 2024
Petrol subsidy hits N2.57tr as supply rises by 10%

JUST IN: Tinubu considering partial reversal of fuel subsidy on petrol

August 15, 2023
How Katsina oil mogul ordered arrest of man over social media post

How Katsina oil mogul ordered arrest of man over social media post

July 15, 2024

Hello world!

1

5 dead, 4 rescued in canoe mishap

0

Naira weakens again, down by 0.29 percent

0

UBA Foundation opens portal for 2022 essay competition, announces prizes

0
Kano: Can the North’s commercial heart rival Lagos’ economic might? by Dr. Tijjani Ahmad

Kano: Can the North’s commercial heart rival Lagos’ economic might? by Dr. Tijjani Ahmad

September 7, 2025
Independent Hajj Reporters Announces 2025 Post-Hajj Lecture and Recognition Event

Independent Hajj Reporters Announces 2025 Post-Hajj Lecture and Recognition Event

September 7, 2025
Subsidy removal: Labour offers fresh threat

NLC ta baiyana buƙatar ta ga Tinubu kan mafi ƙarancin albashi 

September 7, 2025
BREAKING: NNPP expels Abdulmumin Jibrin, says he adds no value to party

BREAKING: NNPP expels Abdulmumin Jibrin, says he adds no value to party

September 6, 2025

Recent News

Kano: Can the North’s commercial heart rival Lagos’ economic might? by Dr. Tijjani Ahmad

Kano: Can the North’s commercial heart rival Lagos’ economic might? by Dr. Tijjani Ahmad

September 7, 2025
Independent Hajj Reporters Announces 2025 Post-Hajj Lecture and Recognition Event

Independent Hajj Reporters Announces 2025 Post-Hajj Lecture and Recognition Event

September 7, 2025
Subsidy removal: Labour offers fresh threat

NLC ta baiyana buƙatar ta ga Tinubu kan mafi ƙarancin albashi 

September 7, 2025
BREAKING: NNPP expels Abdulmumin Jibrin, says he adds no value to party

BREAKING: NNPP expels Abdulmumin Jibrin, says he adds no value to party

September 6, 2025
(adsbygoogle = window.adsbygoogle || []).push({});
Biz Point

© 2024 Biz Point

Navigate Site

  • Home
  • About Us
  • Contacts
  • Disclaimer
  • Privacy & Policy
  • Terms & Conditions

Follow Us

No Result
View All Result
  • Home
  • News
  • National
  • Business News
  • Forex
  • Tech
  • Entertainment
  • HAUSA
  • More
    • About Us – Biz Point
    • Contacts
    • Disclaimer
    • Privacy Policy
    • Terms & Conditions

© 2024 Biz Point