A new report has revealed the Royal Family cost taxpayers £102.4million last year. As ordinary Brits struggled with the cost of living crisis, spending on the royals soared by an inflation busting 17%, the £15m rise taking the figure over £100m for the first time.
One of the reasons for the hike is the multi-million-pound renovation of Buckingham Palace, as spending on it rose to £63.9million, up £14.4million on the previous year, as work intensified in the run up to the Platinum Jubilee celebrations, reports the Mirror. The Sovereign Grant Report shows that last year, as in-person royal visits resumed following the pandemic, their travel costs rocketed from £1.3m to £4.5m.
Royal finances expert Norman Baker said: "The Government should have a complete rethink of how taxpayers' money is allocated to the Royal Family. We have no say in how the royals choose to use private jets or helicopters, which are all paid for out of the public purse, and while ordinary people are struggling it isn’t right."
