The U.K.'s most famous family firm in crisis

The Indicator from Planet Money

NPR

Business

4.7 • 9.5K Ratings

🗓️ 7 December 2021

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

The last couple of years have been rough for most of us, the British royal family included. Due to a pair of scandals and Queen Elizabeth's recent poor health, the future of the royal family feels less certain than it has in years. Today on the show, the finance that drives "The Firm" and can it survive without its CEO?

Transcript

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0:00.0	NPR.
0:10.6	This is the Indicator from Planet Money.
0:12.4	I'm Stacey Vanick Smith.
0:14.0	And today I'm so excited I am joined by the great Frank Langfit in London and Pierre Corp
0:19.3	Spongebob extraordinaire.
0:20.3	Hi Frank.
0:21.3	Hey Stacey, great to be here.
0:23.0	And I know you cover all kinds of issues from London, but somehow in my head I always
0:27.9	think of you as the royal family correspondent.
0:31.6	It's been fun.
0:32.6	But I got to say Stacey, things are pretty shaky these days for the royal family, which
0:37.6	of course is Britain's most famous brand, the Queen.
0:40.6	She's 95.
0:41.6	She is very healthy normally.
0:43.3	She's very active.
0:44.3	But in the past couple of months, she's missed some big public events.
0:47.8	Breaking news from here in the UK.
0:49.4	It's been announced that Queen Elizabeth will not now be attending this morning's
0:52.6	remembrance service at the Senate half in London.
0:55.4	And Frank, there are also some other issues brewing.
0:58.7	Yeah, I mean, there are a lot of problems.
1:01.4	The Queen's grandson, Prince Harry and his wife, Megan, the Duchess of Sussex, they
	...

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