No Longer Fit for a Queen? Buckingham Palace to Get $458M Makeover | NBC4 Washington
National & International News
The day’s top national and international news

No Longer Fit for a Queen? Buckingham Palace to Get $458M Makeover

Miles of aging cables, lead pipes and electrical wiring will be replaced

    processing...

    NEWSLETTERS

    AP
    People take pictures in front of Buckingham Palace which is due for a significant taxpayer-funded renovation, London, Friday Nov. 18, 2016.

    Buckingham Palace will receive a major facelift at a cost of £369 million ($458 million), officials revealed Friday.

    Miles of aging cables, lead pipes and electrical wiring will be replaced at the London home of Queen Elizabeth II, many for the first time in 60 years.

    The U.K. monarch will remain in residence as the work is carried out over several phases spread over a 10-year period, the statement said.

    Although the cost given for the works is listed as $458 million, royal officials said that is expected to be reduced to $275 million when benefits, efficiencies and adjustments for inflation are taken into account.

    Watch: Senators Pay Tribute to Joe Biden With Speeches

    [NATL] Watch: Senators Pay Tribute to Joe Biden With Humor, Remembrances
    Vice President Joe Biden was honored with an emotional bi-partisan tribute on the Senate chamber floor on Dec. 7. 2016. Senators on both sides of the aisle were on the same page as they stepped up to express their admiration and gratitude to the outgoing vice president. An emotional Biden sat in the presiding chair during the moving tribute, which latest for more than two hours as lawmakers celebrated their colleague. (Published Thursday, Dec. 8, 2016)

    The work will be funded by a temporary 10 percent uplift in the Sovereign Grant, the mechanism by which the U.K. government funds the official running costs of the queen's household, official royal travel and maintenance of occupied royal households.