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England next because across the -- Queen Elizabeth the Second is looking for a bailouts of sorts for the very first time in nearly two decades.
The queen is asking the British government for the okay.
To dip into the -- reserves the new figures show the money pot could be drying up in the near future what is this all means sky news is royal correspondent Sarah Hughes.
I joins me now.
From London with more -- what does this mean.
While -- the queen's got a reputation for being fattening thrifty she's set to go around Buckingham Palace handing off the life she's had dresses made.
Out of recycled.
Material but she is -- running out of money and she will have run massive money.
-- to -- by 2012 -- -- cut Diamond -- if the government doesn't -- more she's asking.
-- a pay rise it's not read -- time to be asking for one but she hasn't had one for twenty Yates now the simple list.
That's the money that she receives from the government to run the -- house sold to employ all the people that help had you had jolt.
As head it's.
State has been fixed at seven point nine.
Million pounds says that's around fifteen million dollars for the last twenty -- since the 1990s.
And set it hasn't gone up in that time -- haven't even been inflationary rise if it's due to be reviewed and renegotiated.
At the end -- 2010.
Not the time to be asking for a pay rise and other people are facing pay cuts -- leaving that job for the queen says she desperately needs one.
Do you just out taking place next Selma officer general election of course there's no point stuffing that negotiations with the government now in case.
The government does change.
By next -- but one of the areas where the queen is desperately in need of money is to maintain backing him how to accept.
It said to be crumbling the walls a deteriorating the roots -- leaking this statement.
Desperately need redecorating that the same page -- At -- confidently say that to -- -- -- some 66.
Million dollars left the black that needs attention said.
At times to be asking for an increase in pay but the queen we'll -- -- day -- and I think it takes some tough the situation.
It's a series I mean really Casey noted the queen now you think that really is gonna happen.
Going to be difficult for the government's it's gonna be a very tough issue it's good to be controversial -- calls.
You have to face up to she hasn't had a pay rise for twenty years it's probably about time she did get one but times -- -- and this money comes out of the tax -- pocket.
When the tax that's not playing with a struggling to make ends meet having to tie and that belt it's not gonna feel that -- get a hearing that they would get the queen -- money she's one of the richest women.
In the wilds of -- but the government does have this deal when she threatened his money found the crown -- the prophecies that she ends.
And in exchange she gets the -- list to run have a household and it is up for renewal not gonna feel that -- and especially when.
Government to comments may be facing spending cuts huge rows between -- they the government and the opposition conservatives that the maintenance at the public spending cuts will -- -- what they make up particles.
Opting for a -- -- that that points.
I'm going to be big absolutely Sarah -- with the royal scoop thanks so much terrible talking again seen answer keep us updated on that story.
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