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.