David Starkey, the historian and broadcaster, said opening the Palace to the corporate world was perhaps inevitable. ‘I have attended charity functions at the Palace and it is ideal for this sort of entertaining,’ he said.
‘We are in an age where everything is up for sale so we should not be surprised when the Monarchy jumps on the bandwagon.
‘In a real sense we reap what we sow. If we begrudge the Royal Family every penny piece, then what else are the Queen and the Royal household to do?
‘Buckingham Palace, for instance, is a highly decorated slum which needs tens of millions spent on it.’
But a senior member of the Royal Household attacked the plans as unseemly, The People reported today.
'St James's has the richest history of the royal palaces and it seems improper to hire it out to the highest bidder for corporate booze-ups,' they said.
'The general feeling among staff is that this is entirely inappropriate. The state apartments should be used for ceremonial occasions as normal to retain their prestige.'
A spokesman confirmed they would run for the duration of the Games but declined to give details of fees or the organisations that had booked.
‘I think everyone is very conscious that purse strings are tight at the moment and this is an innovative way of raising funds,’ he said.
‘All the monies raised will be able to supplement the Sovereign Grant and will be spent on the upkeep of Royal residences.’
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