Monarch stands to get £45.6m from taxpayer unless sovereign grant percentage is reviewedThe Queen is set for a £2.8m pay rise next year,unless the formula used to calculate the amount taxpayers contribute to the monarchy’s running costs is changed.
As the Crown Estate property empire delivered a record £304.1m to Treasury coffers, the sovereign stands to get £45.6m in 2017-18 – a 6.5% increase on this years £42.8m. The amount would represent a 57% increase for the monarch since 2012, or when she received £29.1m. Related: Queen Elizabeth's commercial property empire worth £11.5bn Continue reading...
Source: theguardian.com