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by fennecfoxy
1379 days ago
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Based on revenue from the crown holdings, since the sovereign grant only represents a small percentage of overall revenues, much of the "public paid" money is paid back by that surplus being made available for public spending. See: https://www.gov.uk/government/publications/sovereign-grant-a... "In exchange for this public support, The Queen surrenders the revenue from The Crown Estate to the government. Over the last ten years, the revenue paid to the Exchequer is £3 billion for public spending." Basically by allowing the monarchy a fund to be used to carry out their public (and private) duties, the surplus of royal holdings revenue goes into public spending. I don't know the exact numbers but the situation is a LOT more complex than "the taxpayer pays for the monarchs, reeee". |
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See: https://www.bbc.com/news/explainers-57559653
and
Here are some of the key figures from the royal accounts for 2020-2021:
https://www.bloomberg.com/news/articles/2022-06-29/how-much-...