- Total News Sources
- 3
- Left
- 2
- Center
- 0
- Right
- 1
- Unrated
- 0
- Last Updated
- 46 days ago
- Bias Distribution
- 67% Left
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.
- Total News Sources
- 3
- Left
- 2
- Center
- 0
- Right
- 1
- Unrated
- 0
- Last Updated
- 46 days ago
- Bias Distribution
- 67% Left
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