Changes to the way the taxpayer-funded Sovereign Grant is calculated mean the King is set to receive almost £40m extra a year in 2025 and 2026
The King is in line for £80million more of taxpayers’ money over two years after a Crown Estate windfall.
It comes despite the Government’s plans yesterday to slash estate profits given to the royals from 25% to 12%.
However, annual profits from the estate’s new offshore wind deals are expected to soar above £1bn.
Changes to the way the taxpayer-funded Sovereign Grant is calculated mean the King is set to receive almost £40m extra a year in 2025 and 2026.