In 2025 the British monarchy’s budget (the Sovereign Grant) will grow by 45%, from £86m to £125m. Surprisingly, that’s not the way the Treasury spun the news in its press release 🖊️ olyduff
The monarch has the right to collect royalties from wind and wave power – it’s a literal windfallKing Charles in Wales this week. Delicate discussions have been taking place between his top financial adviser – the Keeper of the Privy Purse – and Chancellor Jeremy Hunt
When is a pay cut not a pay cut? When the Government and Buckingham Palace are tying themselves in knots, trying to avoid bad headlines for the King. In 2025 the British monarchy’s budget will grow by 45 per cent, from £86m to £125m. Surprisingly, that’s not the way the Treasury spun the news in its press release. Now, there is more to this tale than a royal knocking story – including good news for the public purse. Hooray!
But the Treasury spinners have been slippery. For six months, delicate discussions have been taking place between
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