Monarchy Faces £137.9 Million Grant Cut From 2027-28 as Andrew Scandal Fuels Scrutiny
Updated
Updated · BBC.com · May 14
Monarchy Faces £137.9 Million Grant Cut From 2027-28 as Andrew Scandal Fuels Scrutiny
1 articles · Updated · BBC.com · May 14
Britain will bring forward legislation to lower the monarchy’s Sovereign Grant from 2027-28, ending a long run of increases after the King’s Speech confirmed a reset.
£137.9 million is the current 2026-27 grant — a temporary peak tied to Buckingham Palace repairs — and Treasury ministers have already said funding should fall once that work is completed.
Andrew Mountbatten-Windsor’s Royal Lodge arrangements and wider questions over his finances have sharpened pressure for transparency, with MPs set to examine Crown Estate leases used by royals later this summer.
The cut would override the grant’s usual “golden ratchet,” which blocks reductions, but only as a one-off; after that, the lower 2027-28 level becomes the new floor.
Support for the monarchy still ran at 64% in a recent YouGov poll, yet only 53% said the Royal Family offers good value for money, underscoring the wider reputational risk around royal finances.
Will the monarchy's controversial tax exemptions and vast private wealth finally face public scrutiny?
Is the Prince of Wales's 'social impact' pivot a genuine reform or a PR strategy to save the monarchy?