That might be very unusual, atleast by the royal ways, but the St James's palace might just be the place to party during next year's Summer Olympics. Reportedly, Queen Elizabeth II has approved renting out fancy rooms at the Palace.
Buckingham Palace says holders of royal warrants companies with long-standing ties to the royal family will be given a chance to rent the rooms, called state apartments, during the Games.
A palace spokesman, who spoke on condition of anonymity, declined to say which state apartments would be available, but the palace has the Throne Room, the Tapestry Room and the Queen Anne Room, among others. The move is unprecedented, but also shows that even the queen has been affected by British austerity measures. "We're not immune to that," the spokesman said of the tough times.
Built between 1531-1536, St James's Palace was a residence of kings and queens for over 300 years although Buckingham Palace has been the home of the monarch since the time of Queen Victoria.