Can the British royal family business survive without its CEO? : The Indicator from Planet Money 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?

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

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

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Paul Edwards /WPA Pool/Getty Images
LONDON, ENGLAND - OCTOBER 14: Queen Elizabeth II and Prince Charles, Prince of Wales during the State Opening of Parliament at the Palace of Westminster on October 14, 2019 in London, England. (Photo by Paul Edwards - WPA Pool/Getty Images)
Paul Edwards /WPA Pool/Getty Images

While the British royal family generates huge sums in tourism for the U.K. it also costs a lot of money to operate. Public support is vital to "The Firm's" existence. And it may have lost some recently due to a pair of high profile scandals.

From Prince Harry and Meghan's explosive Oprah interview to the fallout of Prince Andrew's disgraceful exit from royal life, "The Firm" faces a lot of public scrutiny. To make matters worse, 95-year-old Queen Elizabeth has had to miss several royal engagements due to poor health, which rarely happens.

While the line of succession to the British throne is set in stone, the queen's successor, Prince Charles, is unpopular with the public and many in the U.K. wonder if he has what it takes to lead the institution.

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