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Retail industry

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Keeping the royal hangers-on afloat

Article Abstract:

Funding arrangements for the British royal family have changed considerably since the Queen agreed to pay taxes, apart from inheritance tax, and to take certain members of the royal family off the Civil List. Some members of the royal family, including Princess Margaret, are now supported in theory by the Queen herself. However, this money actually comes from the Duchy of Lancaster, which produces an income of 5.35 million pounds sterling a year for the Queen. Some observers feel that the Duchy of Lancaster belongs to the public and that its revenues should not go to the royal family.

Finance, Column, Royal houses

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Afloat but in despair

Article Abstract:

The peaceful Swedish town of Norrkoping lost 60 of its older residents in the sinking of the ferry 'Estonia' in Sep 1994. The relatives of those who perished have had to come to terms with the fact that they will never be able to hold a proper burial. They have found help from a strong support network made up of social services, clergy, counsellors and the pensioners' organisation PRO. The town's residents are now starting to see life return to normal again, but are still unwilling to travel by ferry.

Social aspects, Ferryboat disasters

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Afloat on a sea of alcohol, the booze cruisers bid last farewell to duty-free

Article Abstract:

Many Britons have been travelling to France to purchase alcohol and other duty-free goods in the run-up to the abolition of duty-free shopping from midnight on Jun 30, 1999. Britons account for 25% of the total European duty-free goods market of more than 5 billion pounds sterling a year, and spend just under 1 billion pounds sterling a year on duty-free goods purchased between European countries. Ferry companies are now to sell duty-paid goods at French or Belgian rates on crossings.

United Kingdom, International economic relations, All Other Specialty Food Stores, Duty Free Shops, Laws, regulations and rules, Duty-free stores

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