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Palaces crumbling, lawmakers urge Queen Elizabeth II to boost income

Above: Queen Elizabeth has been told to do more with less because she’s running out of money. She’s reportedly down to her last one million pounds and the royal palaces are badly in need of repair. Stuart Greer reports.

LONDON – British lawmakers have criticized the financial affairs of Queen Elizabeth II and her household, urging the monarch to bring in more income by opening up Buckingham Palace to visitors more often.

The House of Commons Public Accounts Committee said in a report Tuesday that the royal household needed more cash to address a serious maintenance backlog on crumbling palaces.

READ MORE: 5 ways the Queen could make more money

A tourist walks past Buckingham Palace in central London, on January 28, 2014. (Photo by CARL COURT/AFP/Getty Images). CARL COURT/AFP/Getty Images

In words that have become familiar to Britons during five years of austerity, committee chair Margaret Hodge urged the royals “to do more with less.”

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She said Buckingham Palace was only open to the public 78 days a year, drawing half a million visitors, and suggested that boosting visitor numbers could help raise funds.

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The queen receives 31 million pounds ($51 million) a year from taxpayers.

Crowds of tourists gather on the steps of the Queen Victoria Memorial Statue outside Buckingham Palace in central London on July 22, 2013. Justin Tallis (AFP)/Getty Images

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