Sovereign grant that pays for royal family’s duties to increase from £86.3m in 2024-25 to £132m in 2025-26The cost of the grant that funds the monarchy is due to increase by more than 53% in the next year to £132m – a rise of £45m.Official royal accounts released earlier this year revealed that huge profits of over £1bn from the crown estate mean the taxpayer-funded sovereign grant, which pays for the royal family’s official duties, will increase from £86.3m in 2024-25 to £132m in 2025-26.Additional reporting by PA Media Continue reading…
Source link : https://www.theguardian.com/uk-news/2024/sep/23/cost-of-grant-that-funds-uk-monarchy-to-rise-by-more-than-53
Author : Daniel Lavelle
Publish date : 2024-09-24 00:00:21
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