Where does the Royal Family get its money from?
A new report from the National Audit Office details the financial sources of the British Royal Family, including the Sovereign Grant and private rental income. It also notes upcoming legislative plans to reduce public funding for the monarchy.
Why it matters
Transparency regarding royal finances is a matter of public interest in the UK, especially as the government prepares to adjust funding levels.
Share Save Add as preferred on Google Getty Images The first report into royal residences for 20 years has revealed that Andrew Mountbatten-Windsor received rental income from sub-letting three cottages on the Royal Lodge estate.
The article relies on official audit data and government statements to report on public spending.
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