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Pressure for 'radical' cut to Royal public funding as King's grant soars

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Mirror
2026/04/04 - 18:00 501 مشاهدة
EXCLUSIVE: Pressure for 'radical' cut to Royal public funding as King's grant soarsRachel Reeves faces calls to bring in large cuts to public funding of the Royal Family as Keir Starmer's anti-corruption tsar calls for transparency on their financesCommentsNewsDave Burke Political Correspondent 19:00, 04 Apr 2026View 4 ImagesThe King's public funding is up for review this year(Image: UK Press via Getty Images)Rachel Reeves is under pressure to tear up a deal which will see nearly £138million of taxpayers' money handed to the Royal Family this year.‌The Chancellor has been urged to be "radical" ahead of showdown talks on future funding for the King. Ministers are set to draw up legislation to cut the controversial Sovereign Grant, which has soared by nearly £50million in three years to pay for Buckingham Palace repairs.‌It comes after Keir Starmer's anti-corruption tsar demanded more transparency on royal finances - saying it is "disgraceful" that the King has in the past earned money from "exorbitant" rent to charities.‌Baroness Margaret Hodge warned the Prince Andrew scandal has been a tipping point - and said failure to open up on royals' private income would weaken the monarchy at a difficult time.And former Labour minister Lord George Foulkes - who has been pushing for transparency on the Royal Family's use of public money for years - said he hopes for sweeping measures in the King's Speech next month.READ MORE: Female teachers face sickening misogyny as 'manosphere' creates 'ticking time bomb'READ MORE: 'Good riddance' verdict as Nigel Farage sacks housing chief over Grenfell insultView 4 ImagesKeir Starmer and Rachel Reeves are responsible for setting the Sovereign Grant each year(Image: Chris Jackson, Getty Images)‌He told The Mirror the royals look increasingly out-of-touch - pointing to Queen Camilla arriving at a race day in a royal helicopter in F...
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