"UK Royal Budgets Surge Amidst Historic Change and Rising Prices"

Publicly funded spending by Britain's royals increased by 5% due to a change in monarchs, inflation, and ongoing costs for renovating Buckingham Palace. King Charles III implemented measures to cut emissions and costs, including turning down the heating at royal homes. Prince Harry and Meghan have vacated Frogmore Cottage, and the monarchy experienced significant transition with extra costs for Queen Elizabeth II's Platinum Jubilee and funeral, as well as Charles' accession. The Sovereign Grant, which supports official duties and maintenance of occupied palaces, remained unchanged at £86.3 million. The Crown Estate made a net profit of £443 million, contributing to the Treasury. Prince William received almost £6 million from the Duchy of Cornwall estate.
- British royals' public spending has gone up 5% in a year of historic change The Associated Press
- Even King Charles Is Feeling Pinched by Rising Prices The New York Times
- Royalty Vs Inflation: UK royal budgets rise as staff costs surge | World Business Watch | WION News WION
- British royals' public spending up 5 per cent in year of historic change CTV News
Reading Insights
0
1
3 min
vs 4 min read
85%
741 → 114 words
Want the full story? Read the original article
Read on The Associated Press