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Despite having reopened on July 10, the Tower of London will place some of its guards under redundancy, Historic Royal Palaces confirmed to the Daily Mail.
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Layoffs are likely, Historical Royal Palaces said, which would be the first job cuts for the guards since they were installed in 1485 under King Henry VII, according to the Associated Press.
“We are heartbroken that it has come to this,” James Barnes, the head of Historic Royal Palaces, told the Mail. “We simply have no choice but to reduce our payroll costs.”
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The guards, also known as Yeoman Warders or Beefeaters, have not been allowed to hold tours since the tower has reopened, according to a press release issued on its reopening day. However, they have been available to answer questions from visitors.
The Tower of London’s operator, Historic Royal Palaces, is an independent charity that looks after the famous 12-acre castle in addition to the Hampton Court, Kensington Palace, Kew Palace, Banqueting House and Hillsborough Castle and Gardens.
From the coronavirus shutdowns, the charity has experienced a “shortfall” of around $124 million since it is “dependent on visitor income.”
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This exorbitant loss is likely to be the reason for the Tower of London’s tightening budget.