Organizations critical of the royal family have spoken out against the increased funding.
Treasury officials said the proportion of the crown estate's profits paid to the royals will be reduced to 12% from next year, down from the current rate of 25%.
's profits paid to the royals will be reduced to 12% from next year, down from the current rate of 25%. The royal family is forecast to generate profits of around £1.04 billion from the crown estate in 2023 to 2024 and £1.05 billion in 2024 to 2025, according to the latest report of the royal trustees on the sovereign grant.
Maintaining the grant at its former level has "constrained" maintenance work needed on the royal properties, the review said. implemented in 2011, funding for the royal family can increase as profits rise, but cannot be lower than in the previous year.The grant review also outlines how the money will be used, including maintenance of royal residence, employment costs for household staff and royal travel for official engagements, both in the U.K. and overseas.
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