Published On Jul 1, 2022
The secrets of the Royal family's finances | Sovereign Grant explained. How much does the Royal Family cost? This explainer from 2020, includes fascinating insight and analysis from Royal finances expert David McClure breaks down everything from how much the Royals cost the British taxpayer, what the Sovereign Grant is and all its secrets.
In 2022, the Queen will continue to tighten her belt as a post-pandemic credit crunch bites even at Buckingham Palace. The Sovereign Grant – the pot of taxpayers’ money provided by the Government to cover the cost of the Queen’s official duties and residences – remained static at £86.3 million.
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