All the updated news related to sovereign grant

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Funding of monarchy recalculated after Crown Estate’s boost from wind farm deals

The Sovereign Grant – used to fund the monarchy’s official duties – will be 12% of the Crown Estate’s net profits next year, down from 25%, the Treasury has announced. The change has been introduced following a significant boost in the Crown ...

20 Jul 2023 at 12:41

Heating turned down at Buckingham Palace to cut emissions, royal accounts show

The heating has been turned down at Buckingham Palace and other royal homes to cut emissions, reflecting the King’s green credentials, royal accounts have shown. Guests, staff and the royal family were living with temperatures set at 19C ...

29 Jun 2023 at 05:29

Harry and Meghan have vacated Frogmore Cottage, palace confirms

The Duke and Duchess of Sussex have finally vacated Frogmore Cottage, Buckingham Palace has confirmed. Harry and Meghan were asked to move any remaining possessions out of their UK home close to Windsor Castle just weeks after the duke ...

29 Jun 2023 at 00:01

King asks for Crown Estate wind farm profits to be used for public good

The King has asked for profits from a £1 billion-a-year Crown Estate wind farm deal to be used for the “wider public good” rather than as a funding boost for the monarchy. Under the taxpayer-funded Sovereign Grant, which is currently ...

19 Jan 2023 at 00:01

How much does the royal family cost? A breakdown of the key figures

Here are some of the key figures from the royal accounts for 2020-2021: £86.3 million – The total taxpayer-funded Sovereign Grant, made up of £51.8 million for the “core” funding and an extra £34.5 million for the reservicing of ...

30 Jun 2022 at 15:16

Charles had ‘very emotional’ meeting with Lili and reunion with Archie

The Prince of Wales had a “very emotional” first meeting with his granddaughter Lili and a special reunion with grandson Archie during the Duke and Duchess of Sussex’s trip to the UK, a royal source has said. Heir to throne ...

30 Jun 2022 at 01:01

Funding of monarchy recalculated but Royal Household could get nearly £80m extra

The funding of the monarchy is to be reduced from 25% to 12% of the Crown Estate’s net profits – but the Royal Household is still expected to benefit from a boost of nearly £80 million. A change to the way the ...

20 Jul 2023 at 16:17

Two new helicopters to ferry royal family on royal engagements

The royal household is to take delivery of two new helicopters, as it committed itself to maximising use of the aircraft. The new AgustaWestland AW139s will replace the current 15-year-old Sikorsky ...

24 Jul 2024 at 00:01

Frogmore Cottage remains empty a year after Harry and Meghan vacated it

The Duke and Duchess of Sussex’s former home, Frogmore Cottage, remains empty more than a year after they officially vacated the property. Palace officials at the annual Sovereign Grant briefing ...

24 Jul 2024 at 00:01

Monarchy’s income to rise by £45m to more than £130m due to Crown Estate profits

The monarchy is to receive a boost of more than £45 million, with a 53% jump in its official annual income to more than £130 million. Soaring profits from the Crown Estate to £1.1 billion mean ...

24 Jul 2024 at 00:01

How much does the royal family cost? A breakdown of the key figures

Here are some of the key figures from the royal accounts for 2023-2024. – £132 million The amount of Sovereign Grant the monarchy will receive in 2025/26 because of the Crown Estate wind farm ...

24 Jul 2024 at 00:01

Wind farms more than double Crown Estate profit to £1.1bn

Profit from the royal family’s land and property holdings more than doubled to a record £1.1 billion last year, driven by a short-term boost from offshore wind farms. The Crown Estate said ...

24 Jul 2024 at 12:20

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