Buckingham Palace (AP Photo/Tim Ireland) Buckingham Palace (AP Photo/Tim Ireland)The iconic Buckingham Palace where Queen Elizabeth II resides is set to undergo a 369 million pounds refurbishment to future-proof the ageing building, the UK Treasury announced on Friday. “Buckingham Palace is one of the most iconic buildings in the world, and this programme is designed to extend its working life by a further 50 years. Equally, we are convinced that by making this investment in Buckingham Palace now we can avert a much more costly and potentially catastrophic building failure in the years to come,” Johnstone-Burt said. Therefore it is only right we ensure Buckingham Palace is fit for purpose.”“These urgent works have been properly costed and will ensure the palace can continue its centuries-long tradition of being the working house of our monarch. Time we took the palace back and turned it into a world class museum.”As the British monarch’s administrative headquarters, the Queen spends a third of the year hosting events at Buckingham Palace.

Source: Indian Express November 18, 2016 15:40 UTC