JP Morgan, the US investment bank, is reported to have hired Buckingham Palace for a dinner, hosted by the Duke of York, and attended by the bank's clients and associates, along with Tony Blair and Kofi Annan.
A100 guests attended the event. It included performances from the English National Ballet and the Royal Philharmonic Orchestra. Paul Flynn, a Labour MP, said the Royal family should hire out Buckingham Palace more often. “I think they could raise about £100 million a year by renting out rooms to tourists,” he said.
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