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King to receive extra £45m of public money as crown estate income soars

Royal accounts show estate made £1.1bn profit, meaning sovereign grant will rise to £132m for 2025-26

King Charles is set for a huge £45m pay rise with an increase of more than 50% in his official annual income, official accounts reveal.

Profits of £1.1bn from the crown estate – a percentage of which funds the monarchy – mean the sovereign grant, which supports the official duties of the royal family, will rise from £86m in 2024-25 to £132m in 2025-26.

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