Word: queen
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...savvy enough to stress, of a loaf of bread per citizen. Alan Reid, the former chief operating officer of the accounting and consulting firm KPMG who now serves as keeper of the privy purse, says the goal is "not a cheap monarchy, but a value-for-money monarchy." The Queen's natural frugality (except for her racehorses) is well known: footmen at the palace are told to avoid the center of the hallways to preserve the carpets, and she reminds people to turn off lights. Apart from Prince Charles, whose Duchy of Cornwall estate funds his private and official duties...
...sure, there is still criticism of the special breaks royals receive. As part of the deal that saw her start paying income tax in 1993, the Queen arranged inheritance-tax exemptions for what she received from her mother, and what she will bequeath to Charles. But disclosure has usefully illuminated the distinction between her personal wealth and the Crown's. She used to be commonly described as Britain's richest person, with a fortune estimated at $7.6 billion by the Sunday Times Rich List in 1993, but last year's list pegs it at $507 million, making her 180th...
...Press aides labor to plan backdrops so the cameras will take away an image that reinforces the message their boss is trying to highlight that day. A press office whose chief used to be known on Fleet Street as "the abominable no man" now promptly returns phone calls. The Queen's Christmas broadcast no longer has her staring straight into the camera, but uses video clips to illustrate her points. Her Majesty even carries a cell phone inside that handbag. All in all, Prince Andrew says, "I think this organization is very good at change management. We live...
...That "imperceptible change" is exactly the sweet spot the Queen is trying to hit, says a senior adviser. Moving glacially, of course, can accentuate the sense that she is out of date. But by background as well as policy, that's the way she wants it. Her "Uncle David," King Edward VIII, loved making waves before he abdicated in 1936, and spooked his successors about playing the reformer too overtly. "No gimmicks!" the Queen has told aides. "I am not an actress!" She wants the monarchy to be a focus for continuity and enduring patriotic values, which make instinctive sense...
...Queen has also subtly refurbished the most public aspect of her work - her interaction with ordinary people. She has never been naturally extroverted, perhaps a reaction to growing up so famous that as a child she had a territory named after her in Antarctica and was immortalized in Madame Tussaud's astride a pony. Her early friend and bridesmaid Pamela Hicks noted the unrelenting press of "intimate strangers" always peering in alongside motorcades. But over the years the Queen has learned to make encounters more enjoyable - and memorable. When she grants honors, she studies biographies of each recipient and writes...