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The Independent UK
The Independent UK
Laura Elston

Royal family core funding set to almost double to £100 million a year

Funding for the monarchy is set to soar - (PA)

The monarchy's core funding is set to nearly double within three years, reaching £100 million annually, under a revised formula for the Sovereign Grant.

This significant increase will see the Royal Household receive £99.9 million as a core grant in 2027-28, marking a £48.1 million jump from the £51.8 million allocated in 2024-25.

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