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.
The 2027 World Climbing Series is coming to Manchester
Danny Jones
In yet more huge sporting news for Greater Manchester, the 2027 World Climbing Series is coming to 0161 later this year.
We’ve had plenty of big peaks of late, but things seem to just keep going up and up.
Set to host the global event for the first time in our history, Manchester will welcome the World Climbing Series (WCS), which is set to include both Olympic and Paralympic disciplines ahead of the next Summer Games in 2028.
2027 will mark the 38th edition of the series, which will also be one of only a handful to be held in the North – it’s just down to our city to make it the best.
Officially announced on Friday, 16 January, the British Mountaineering Council (BMC) confirmed the return to the UK.
Founded back in 1989, the International Federation of Sport Climbing (IFSC) is coming up on four decades since the competition first began – Leeds being chosen as the inaugural hosts – the event has come a long way since then.
The IFSC’s rebranding of the annual bouldering, lead and speed trials to the modern WSC, which began last year, was initially revealed back in 2023.
Welcoming continental talent right down to the youth level, the upcoming 2026 World Climbing Series is taking place in the summer and will be hosted by the city of Innsbruck in Austria.
As for the WSC’s Manchester debut, which is being organised in collaboration with the City Council, Manchester Accommodation BID, MCR Active and the National Lottery via UK Sport investment.
It’s not the only big sporting celebration that the Council will be supporting in 2027.
Paul Ratcliffe, CEO of the British Mountaineering Council, said in an official statement: “It’s exciting to be able to confirm that a World Series climbing event will return to the UK in 2027 as part of the BMC’s major event programme.
“Hosting a competition of this scale in Manchester is a strong statement about the UK’s place on the international climbing stage and a great opportunity for our athletes, fans, the climbing community and the wider public to experience the sport at the very highest level.
“Our ‘Route to Adventure’ strategy sets out how we will build on moments like this to support people into climbing and help them progress, whatever their starting point. Using major events to inspire participation, strengthen pathways and reinforce our commitment to inclusion is central to our long-term approach.”
Scheduled to take place in June, you can find out more information about the 2027 World Climbing Series in Manchester by signing up for the official event mailing list HERE.
The Tour de France is coming to Manchester
Danny Jones
It’s official: both the male and female Tour de France are coming to Greater Manchester and nine other destinations across the UK in 2027.
As one of the biggest locations on the list, it’s another big sporting landmark for us Mancs.
Confirmed on Thursday, 15 January, the men’s race and the Tour de France Femmes (TdFF) will be passing through our region next summer.
Revealing the news in an exciting announcement video on social media, you can see the other cities and towns that the world-famous endurance event will be hitting here:
With Greater Manchester boasting not only the National Cycling Centre, but having already hosted the Tour of Britain – which has passed through Altrincham on multiple ocassions – we’re well-versed when it comes to the sport.
It’s been more than a decade since the Tour de France last took place in the UK, with London and Yorkshire hosting three stages of the biggest date on the annual cycling calendar back in 2014.
Fast forward a dozen years, and not only will they both be participating again, but Great Britain will see dual Grand Départs for men and women for the very first time.
Not only are we buzzing that the racing will be returning to our friends in Leeds and Sheffield, but also nice to see other Northern regions lending their roads and stunning landscapes, such as the Lake District and wider parts of Cumbria.
You can see the full route map broken down below.
🇬🇧 Leeds, Manchester, Sheffield, London 🇬🇧
💛 Grand Départ Great Britain 2027: in the footsteps of the pioneers!
— Le Tour de France Femmes avec Zwift (@LeTourFemmes) January 15, 2026
Speaking in an official press release, race director Christian Prudhomme said: “The UK has always welcomed the Tour with passion and pride, and the route details we are revealing today reflect the beauty and diversity of Britain’s terrain.”
“Bringing both Grand Départs here is a testament to the strength of our partnership with British Cycling and the enthusiasm of the UK.”
TdFF counterpart, Marion Rousse, added: “The UK has played an important role in the history of women’s cycling, with champions such as Lizzie Deignan.
“Starting the Tour de France Femmes avec Zwift in Leeds is a strong choice, closely linked to this heritage and to the enthusiasm of a public that knows and loves the Tour. These stages clearly reflect the race’s ambition: to continue growing women’s cycling and to inspire future generations.”
Danny Jones -
24th July 2024 
