Oh good, the struggling royals get to have more money. That’s a relief.
The monarchy is to get an extra £45m due to soaring profits from the Crown Estate. The income boost comes from a surge in profits from the estate, due to six new offshore wind farms.
Profits from the Crown Estate have increased to £1.1bn, which in turn will lead to a rise in the Sovereign Grant, which pays for the Royal Family’s running costs. The grant will rise from £86.3m in 2024/25 to to £132m in 2025/2026 – which will help pay for the last stages of renovating Buckingham Palace, officials said.
How lovely for them. Might be able to afford an occasional night out, as … Read the rest