From a bumper income on the way for the royal family, to the King's new solar panels and helicopters, and Prince William keeping his Duchy of Cornwall team on their toes on WhatsApp, it's all come out in the annual royal finance report. The annual accounts have shown the monarchy is set to receive a boost of more than £45m in its funding, with a 53% jump in its official annual income in 2025/2026 to £132m. Rising profits from the Crown Estate to £1.
1bn in 2023/2024 mean the taxpayer-funded Sovereign Grant, which supports the official duties of the royal family , will stay at £86.3m in 2024/2025 but then jump to £132m the following year. It's after Crown Estate financial figures showed profits were up this year - the Sovereign Grant is always based on funds two years in arrears.
It was announced last year that the funding of the monarchy would be switched from 25% to 12% of the Crown Estate's net profits because of the rising income expected from the estate's new offshore wind deals. The King asked for the wind farm profits to be used for the wider public good. Read more: Visitors can 'almost' re-enact Royal Family balcony moment New Prince George image released to mark 11th birthday Buckingham Palace's annual accounts - covering the first full financial year of the King's reign - were published on Wednesday after being delayed for a month because of the general election.
Calling for greater transparency, Graham Smith, from the anti-monarchy campaign group Republic, said:.