King Charles and Queen Camilla

King Charles will get a £45m boost to his salary next year, according to the royal accounts.

This increase of more than 50% in the monarch’s official annual income, known as the sovereign grant, takes its total worth to £132m for 2025-26.

This comes down to the recent £1.1bn profits of the crown estate – 12% of that income is always transferred back to the Royal Family to fund the monarchy and the extensive renovation of Buckingham Palace.

Redoing the monarch’s most famous residence is a 10-year project, costing £369m, expected to be completed around 2027.

Now the crown estate is bringing in more money, the sovereign grant........

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