Royal Funding: Misleading Headline Fails to Capture the Full Picture
The British Royal Household’s financial statement revealed the Sovereign Grant, funded by taxpayers, remained at £86.3 million. This grant covers the cost of royal duties, including travel and property upkeep, while excluding security expenses. The Royal Family undertook over 1,900 engagements, with the grant’s core funds allocated towards the refurbishment of Buckingham Palace, which is undergoing major modernization. The report also highlighted the decommissioning of the royal train, increased use of sustainable fuel, and plans to electrify the vehicle fleet, with the main sources of income coming from the Sovereign Grant, the Duchy of Lancaster and Cornwall estates, and personal property/investments.
John Q. Hosedrinker