Last week we learned that the Sovereign Grant (the official funding of the Royal Household) has risen by a staggering 145% to £76.1m in its first six years, with a whopping £369m to be spent on Buckingham Palace refurbishments.
The Sovereign Grant isn’t based on need – it is pegged at 15% of profits from the Crown Estates. Money which could be spent on our schools or the NHS instead. Next year, the royal family’s cut will rise to 25%. No other government department is funded like this. The royal family can only ever receive more cash from the taxpayer.
Labour for a Republic is backing Republic’s call for the Sovereign Grant to be scrapped. You can join the call too by signing the petition here.
Thanks for your support!
All the best,
Labour for a Republic