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UK: No public funding for new $92 million royal yacht


A June 23, 1997 photo from files showing the Royal Yacht Britannia passing the new Hong Kong Convention Center in Hong Kong Harbor. It is estimated that a new yacht would cost at least 60 million pounds ($92 million). What do you get for a monarch who has almost everything? Not, apparently, a new yacht, at least not one paid for with taxpayer funds.



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