Chairwoman of the Public Accounts Committee, Margaret Hodge
Media playback is unsupported on your device
Video

Royal overspend: MP calls for palace changes

The Public Accounts Committee has criticised the Royal Household for mismanaging its finances.

A report said Buckingham Palace had overspent on the grant by £2.3m last year and had to dip into its reserves.

Chairwoman Margaret Hodge said: "The boiler in Buckingham Palace is 60 years old... if it doesn't get replaced, the bills go up."

  • 28 Jan 2014
  • From the section UK