King Charles III’s annual income is reportedly set to increase by more than 50% after the total revenue of the official crown estate rose significantly over the last 12 months.
Posting record-breaking profits since King Charles was coronated back in May, raking in a total of £1.1 billion for the 2023/24 financial year, the crown’s budget is now being adjusted, with a review set for 2026/27.
As per the official royal accounts published this week, the sovereign grant which helps fund members of the royal family and their civic duties is set to rise from £86m this year to £132m in 2025/26, meaning the King is set for a whopping £45m (approx. 53%) pay rise.
The royals currently receive 12% of the crown estate’s overall profits and as the majority of Britain continues to struggle with a cost of living crisis, it’s also the details surrounding last year’s outgoings and overall expenditure that have proved tough reading for many.
It makes no sense that profits from renewable energy projects are funnelled out of poor coastal communities to fund the refurbishment of Buckingham Palace.
Wealth from our natural resources should be invested in our people and communities. https://t.co/D4ZzzFiffk
In addition to roughly £600,000 of the sovereign grant being spent on the King’s coronation and other related events last year, the monarchy’s accounts also revised the £369m set aside for renovations in and around Buckingham Palace, let alone other royal residences.
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According to The Guardian, “Royal accounts also show that the Prince of Wales received £23.6m income from the Duchy of Cornwall in his first full year after inheriting the land and property-owning estate from his father.”
Frogmore Cottage, located on the Windsor estate, saw a £2.4m refurbishment on behalf of the Duke and Duchess of Sussex as well but has remained empty for more than a year – though the costs have reportedly since been returned to the public purse.
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Perhaps one of the toughest/most frivolous to swallow for the taxpayer, though, is the revelation regarding the two new helicopters. Set to replace the existing aircraft used by the royals for the last 15 years, the two new AgustaWestland AW139s are said to cost £8m a pop.
Making 170 journeys last year and costing a total of £1,096,300, the monarchy’s travel bill rose from £3.9m to £4.2m all-told, with the official royal train remaining the most expensive per mile.
Elsewhere, in the King’s Speech (written for him) following Labour’s landslide updating of the Conservative Party after 14 years, Charles said: “Stability will be the cornerstone of my Government’s economic policy and every decision will be consistent with its fiscal rules…
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“Securing economic growth will be a fundamental mission. My Government will seek a new partnership with both business and working people and help the country move on from the recent cost of living challenges by prioritising wealth creation for all communities.”
While the crown and government have reiterated the aim of “rising living standards”, many Brits will understandably struggle to take these words as sincerely as others, with urgent action needed to support some of the poorest regions across the nation.
Salford confirms another ex-player as new CEO of phoenix rugby club
Danny Jones
As Salford turns the page of a new chapter in its rugby league history, ex-Red Devils player Ryan Brierley has been announced as the new chief executive officer (CEO).
His appointment was confirmed on Wednesday, 24 December, giving Salford rugby fans some fresh hope over the festive period.
Brierley, who played as a full back at Salford Red Devils from 2022 before leaving for Oldham RLFC halfway through last season earlier this year, follows fellow former player Mason Caton-Brown in returning to the team in a leadership capacity.
Sharing the news on his own social media, he wrote: “Incredibly honoured to announce I have been appointed Chief Executive Officer of Salford RLFC.”
His official statement goes on to read: “I would like to place on record my gratitude to the board members Malcolm Crompton, Mason Caton Brown and Paul Hancock for this opportunity. I would also like to thank the RFL and Salford City Council for their continued support.
“Lastly, but most importantly, to the Salford fans: what we had to go through last year was heartbreaking. I think I can speak to the wider Rugby League community and echo the sentiments of all fans that no club should ever go through that experience.
“Thank you for letting me lead this organisation into a new era. I’ve always said Salford people are my people and I will protect this club, with its best interests at heart. It is important [that] expectations are managed, and patience is required.”
He signed off by simply asking for the same support he was afforded as a fan, adding: “I have no doubt in my mind that you will go above and beyond, it’s just what Salford fans do…”
Led by the aforementioned Caton-Brown (a retired winger who played for the Red Devils between 2014-26), as well as another pair of directors in Hancock and Crompton, the Salford phoenix club has officially been given a Championship license for 2026.
Although relegation from the Super League and liquidation after 152 years were dark days for the club, this new consortium has already provided fans with some promising signs.
Besides saving the Salford sporting institution from total extinction, having previous members of the old outfit who know the bones, the stadium, the culture and the city so well is obviously a big bonus.
For now, it is a race against time to get a squad ready for the season opener against Brierley’s last team, Oldham – though contracts for a head coach and several players have reportedly been “pre-agreed”.
Featured Images — John Moorhouse (via Geograph)/supplied (via Rumpus PR)
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Netflix drops the first trailer for upcoming Peaky Blinders film
Danny Jones
It looks like Christmas has come early for TV drama fans and cinephiles, because Netflix has officially dropped the first trailer for the upcoming Peaky Blinders movie.
Popcorn at the ready – even the teaser alone has got us fired up.
ln just 70 seconds, they’ve managed to pull us right back in, and we cannot wait to see Cillian Murphy back in full-on Tommy Shelby mode.
Not exaggerating when we say we have LITERAL chills.
As you can see, they certainly haven’t scrimped on the budget with the first-ever feature-length Peaky Blinders film, neither in terms of production value nor the cast.
Then again, having already hosted the likes of Sam Neill, Tom Hardy, Adrien Brody, Anya Taylor-Joy and others in the series itself, as well as going on to become one of the most successful BBC shows of all time, they were never going to.
We’re sure you spotted plenty of them for yourselves, but the debut trailer for The Immortal Man gives us not only our first glimpses of now Oscar-winning Murphy, 49, back in the saddle (both figuratively and literally) but also fellow blockbuster Irish actor, Barry Keoghan.
Other big names set to appear in the movie – set for a limited release in theatres before launching exclusively on Netflix – include Rebecca Ferguson and Tim Roth. It still remains unclear, however, as to how any of these characters will knit into the new season.
It’s also worth noting that the trailer shares a little snippet of the historical context, this continuation of the Shelby story is playing into, as we see what looks to be Nazi figures meeting on screen.
Creator Steven Knight has already confirmed that the plot will fast-forward some years to meet back up with Tommy at the outset of WWII and his ancestral home of Birmingham during the Blitz.
Having already confirmed 6 March as the theatrical release date ahead of it going live on Netflix a fortnight later, the anticipation was seriously starting to ramp; this latest look has only added to the tinderbox of excitement.
What do you make of the Peaky Blinders: The Immortal Man trailer, and will you be watching it?