Crown Estate profits
Crown Estate profits
Crown Estate profits
News summary

The British monarchy is set to receive a significant funding boost of over £45 million, resulting in a 53% increase in the Sovereign Grant, which will rise from £86.3 million in 2024/2025 to £132 million in 2025/2026. This increase is attributed to soaring profits from the Crown Estate, which reached £1.1 billion. The additional funds will primarily support the final phases of Buckingham Palace's £369 million renovation project, with a review of the Sovereign Grant planned for 2026/27 to ensure appropriate funding levels. The royal family will also acquire two new helicopters and convert state Bentleys to bio-fuel, as part of a push for sustainability. Critics argue that the monarchy's reliance on taxpayer funding is unjustified, emphasizing the need for greater transparency and accountability. This financial report covers the first full year of King Charles's reign and was published following delays due to the recent General Election.

Story Coverage
Monarchy to receive boost of more than £45 million
King to receive extra £45m of public money as crown estate income soars
Monarchy’s income to rise by £45m to more than £130m due to Crown Estate profits
Monarchy gets £45MILLION boost from Crown Estate profits
Bias Distribution
67% Left
Information Sources
166bc319-c612-4063-955b-1bdc4fec97ffbd68667e-abfe-4783-a143-3b1ae84b8232605a98c4-d25e-430b-86c1-9232b14faa6b
Left 67%
Right 33%
Coverage Details
Total News Sources
3
Left
2
Center
0
Right
1
Unrated
0
Last Updated
46 days ago
Bias Distribution
67% Left
Related News
AI Assistant
Story Coverage
Monarchy to receive boost of more than £45 million
King to receive extra £45m of public money as crown estate income soars
Monarchy’s income to rise by £45m to more than £130m due to Crown Estate profits
Monarchy gets £45MILLION boost from Crown Estate profits

Related Topics

Subscribe

Stay in the Know, Subscribe to Our News

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News