Royal family costs taxpayers
Royal family costs taxpayers
Royal family costs taxpayers
News summary

Anti-monarchy campaigners, represented by the organization Republic, claim that the true cost of the British royal family to taxpayers is approximately £510 million annually, significantly exceeding the £86 million provided by the Sovereign Grant. Their report estimates that security costs alone could be around £150 million, not covered by the Sovereign Grant, which is meant for official duties such as staff salaries and property maintenance. Republic argues that the funding model is opaque and suggests that royal residences could generate £96 million in commercial revenue if not occupied by the royals. They also propose that the King should receive a salary equivalent to that of the Prime Minister and that current funding arrangements represent a 'scandalous abuse of public money.' The Sovereign Grant is set to increase from £86.3 million in 2024/2025 to £132 million in 2025/2026 due to rising profits from the Crown Estate. Republic's findings have sparked discussions about the transparency and justification of royal expenditures amid calls for budget cuts in other public sectors.

Story Coverage
Bias Distribution
50% Center
Information Sources
166bc319-c612-4063-955b-1bdc4fec97ff6a8412fc-1096-4c2b-a630-24144fb8fdd2
Left 50%
Center 50%
Coverage Details
Total News Sources
2
Left
1
Center
1
Right
0
Unrated
0
Last Updated
50 days ago
Bias Distribution
50% Center
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