Queen Elizabeth II could lose an estimated $21.7 million because of coronavirus

The royal family face a reported $21.7 million loss of income from COVID-19 because social distancing rules have forced palaces to close to tourists.

Queen Elizabeth II faces an estimated $21.7 million hole in royal finances from lost tourist revenue after palaces across the U.K. were closed to the public because of the coronavirus pandemic.

The queen's public engagements until 2022 are also under review because much of her role requires her presence in person. A message from the Lord Chamberlain, head of the royal household, posted on the royal intranet warns staff to be ready for a tough period., Earl Peel said:"The crisis has already tested our resilience, adaptability and preparedness in many ways and at all levels across the organization."Although the U.K. appears to be over the peak of infections, it remains unclear when measures such as social distancing will come to an end.

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