re: Will we see the end of the British Monarchy in our life time?

Ceremonial functions, they are usually involved in government or public service at some level even though it is advisory. Some
are military. As you get farther away from the queen on the family tree, some just have normal jobs.

Plus they have an enormous amount of business interests to tend to.

They largely don’t just sit around and get fed grapes.

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I'm very ignorant so please help me out, what does the royal family actually do?

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They are the biggest draw for tourists to the U.K.