Which Members of the UK Royal Family Receive Public Funding?
Which Members of the UK Royal Family Receive Public Funding?
Finances of the Royal Family
Sources of funding:-
There are three sources of funding for The Queen, or officials of the Royal Household acting on Her Majesty’s behalf, in both a public and private capacity. These are: the Sovereign Grant, the Privy Purse and The Queen’s personal wealth and income.
The Sovereign Grant
This is the amount of money provided by Government to the Royal Household in support of The Queen’s official duties, including the maintenance of the Occupied Royal Palaces: Buckingham Palace, St James’s Palace, Clarence House, Marlborough House Mews, the residential and office areas of Kensington Palace, Windsor Castle and the buildings in the Home and Great Parks at Windsor, and Hampton Court Mews and Paddocks.
The Sovereign Grant is provided by HM Treasury and consolidates the funding previously provided through the Civil List and the Property Services, Communications and Information and Royal Travel Grants-in-aid. HM Treasury is responsible for monitoring the application of the...