Wouldn't class myself as either but it's not hard to see the value the royals provide. The tourism they bring in and the amount of soft power they hold is incredibly useful especially with the current government looking like such a mess.
It would take a presidential role ages (if ever) to gain the same amount of respect and probably wouldn't cost any less as the royal buildings would need to be kept maintained as listed historic treasures.
Politically, I get it. That's a large and important part of the argument.
The tourism thing is a red herring though. It's impossible to say with any accuracy what the tourism impact of abolishing the monarchy would be. Many of Europe's former monarchies see huge numbers of visitors to their palaces each year. Almost 7 million people visit Versailles. For Peterhof Palace, it's over 5 million. Our busiest historic site is the Tower of London, at 2.5 million visitors annually. Buckingham Palace manages about half a million in the short period that it's open. If the monarchy were abolished, the nature of UK tourism may change a bit. But the number of tourists, or the revenue they generate, wouldn't necessarily fall.
Speculation on my part, but I suspect the biggest change would be a drop in the sales of royal tat in the tourist shops, offset by ticket revenue for entry into former royal residences.
As for the money, we already pay for the upkeep of the Buckingham Palace, etc. The Sovereign Grant was recently increased to fund repairs. If the Palace were a museum, open to the public year-round, it would need less (potentially zero) state aid. Charities like the National Trust and Historic Scotland already do a fantastic job of maintaining historically important sites across the country, without Government funding. Ticket sales, membership fees, and charitable donations pay for it all.
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