King Charles is set to receive a nearly £100 million annual Sovereign Grant from taxpayers, despite the government cutting the Royal Family’s funding by almost £40 million. The proposed £99.9 million grant for 2027-28 is already facing backlash, with anti-monarchy campaigners arguing that the figure should be closer to £45 million. The latest royal accounts have also put spending on property maintenance, staff and travel under scrutiny, including hundreds of thousands of pounds spent on helicopter and charter flights. The Palace maintains that the Sovereign Grant is not personal income for the royals, but funds official duties, staff, travel and the upkeep of royal properties. MPs are now expected to decide whether the new settlement goes ahead.

