Photo: PA
The Queen is to receive an 8% increase in income from public funds, after the Crown Estate’s profits rose by £24m, the BBC reports.
The Sovereign Grant, which pays for the salaries of her household, official travel and upkeep of palaces, is to increase by more than £6m in 2018/19.
It comes as accounts revealed the Queen’s official net expenditure last year increased by £2m, to almost £42m.
Sir Alan Reid, Keeper of the Privy Purse, said the Queen represented “excellent value for money”.
