There’ll be an increase of 45% funding for the royals from 2025, according to details of a royal funding review from the treasury, released on Thursday. The amount of money put into the grant each year is proportional to the amount the royal family’s national property portfolio (‘the crown estate’) makes in profit. This is part of a formula system announced by David Cameron’s government in 2011, which removed the parliament’s control over royal funding.
Well it’s helpful that the income that the government gets from the royal family’s estate is increasing by around 400% then I guess, even if it may only help cover a tiny fraction of the real terms cuts?
You are entirely right but it won’t matter to state it here. Despite the current parlous state of the UK economy having nothing to do with the monarchy, plenty are outraged by the institution regardless, even if it is a large net contributor to the economy (yes, despite the rebuttal video linked in similar threads).
There is a lot of anger towards the royals and Lemmy seems particularly irate.