The Queen’s sovereign grant is under review because she’s making too much money
The Queen will receive a 15% rise in her Sovereign Grant because of a clause in a piece of legislation that was negotiated by UK Chancellor George Osborne in 2011.
However, this will be under review, after this year's Autumn statement, because she is essentially making too much money.
Three years ago, the government forged a deal for Buckingham Palace, which meant they'd be shielded from any public funding cuts. The deal also agreed that the Monarchy would receive 15% of the profits of the £9.9 billion Crown Estate, and the amount the Queen would receive would never be less than the amount received in the previous year.
This saw a massive rise in what the Queen received over the last three years. She got £40 million in the last financial year, which is 29% above the ...
