The Queen's Income Set to Rise by 7% in 2016
26th November 2015
The Queen is to receive an extra £2.7m in funding next year, as George Osbourne revealed the 2016/17 Sovereign Grant during yesterday’s Autumn Statement.
The small detail, listed on page 114 of the Chancellor’s Spending Review, confirms that the Royal Household will receive £42.8m, an increase of almost 7% from this year’s figure of £40.1m
The Sovereign Grant is…