The value of the Sovereign Grant, the annual payment to the British Monarchy from the UK government was 86.3 million British pounds for the 2023/24 financial year, the same as in the previous two financial years. Between 2016/17 and 2017/18, the Sovereign Grant increased by more than 33 million pounds, largely due to renovations to Buckingham Palace.
Value of the Sovereign Grant in the United Kingdom from 2011/12 to 2023/24 (in million GBP)
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Other statistics that may interest you The British Royal Family
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GOV.UK. (June 29, 2023). Value of the Sovereign Grant in the United Kingdom from 2011/12 to 2023/24 (in million GBP) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1219338/sovereign-grant-value-uk/
GOV.UK. "Value of the Sovereign Grant in the United Kingdom from 2011/12 to 2023/24 (in million GBP)." Chart. June 29, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1219338/sovereign-grant-value-uk/
GOV.UK. (2023). Value of the Sovereign Grant in the United Kingdom from 2011/12 to 2023/24 (in million GBP). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1219338/sovereign-grant-value-uk/
GOV.UK. "Value of The Sovereign Grant in The United Kingdom from 2011/12 to 2023/24 (in Million Gbp)." Statista, Statista Inc., 29 Jun 2023, https://www.statista.com/statistics/1219338/sovereign-grant-value-uk/
GOV.UK, Value of the Sovereign Grant in the United Kingdom from 2011/12 to 2023/24 (in million GBP) Statista, https://www.statista.com/statistics/1219338/sovereign-grant-value-uk/ (last visited June 18, 2024)
Value of the Sovereign Grant in the United Kingdom from 2011/12 to 2023/24 (in million GBP) [Graph], GOV.UK, June 29, 2023. [Online]. Available: https://www.statista.com/statistics/1219338/sovereign-grant-value-uk/