<p>Queen Elizabeth II is tightening the palace purse strings! A source tells Life &amp; Style the monarch, 96, has ordered Prince William and Duchess Kate, both 40, to rein in their spending after the annual Sovereign Grant report was released, revealing that royal expenditure reached an all-time high last year. Figures show that the Firm's expenses increased 17 percent to over $122 million, with the cost of the royal family's travel soaring 40 percent to $5.3 million. William and Kate's Caribbean tour proved the priciest, costing British taxpayers a whopping $274,000 to fuel the RAF Voyager and pay a separate staff to plan their visits to Belize, Jamaica and the Bahamas. Amid public outcry, "the queen summoned William and Kate to Windsor Castle for an urgent meeting," says the source. "She demanded they curb their spending and even asked one of the secretaries to put together a budget spreadsheet, which the queen's instructed they stick to." As for Kate and William's plan to move to Windsor? "The queen has banned them from hiring an expensive interior designer," the source says. "She wants to teach them that money a lesson doesn't grow on trees!"&nbsp;</p>
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The Queen Puts Kate & Will ON A BUDGET

The New Yorker

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