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.
ADVERTISEMENT
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.
ADVERTISEMENT
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…
ADVERTISEMENT
“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.
UK passes bill to ban everyone born after 2008 from smoking in ‘historic’ moment
Emily Sergeant
In what is described as being a ‘historic moment’, the UK has now passed a bill to ban everyone born after 2008 from ever buying tobacco products.
It’s been a long time coming, but the final draft of the landmark Tobacco and Vapes Bill completed its journey through the Houses of Commons and Lords yesterday (21 April 2026), and is now on its way to receiving royal assent to officially become the law.
For those unfamiliar, the Tobacco and Vapes Bill will stop people who were born on or after 1 January 2009 from ever taking up smoking.
It will also give Government ministers new powers to regulate tobacco, vaping, and nicotine products – including their flavours and packaging, which make them more appealing to younger generations.
Health Secretary Wes Streeting has hailed the bill’s passing as a ‘historic moment for the nation’s health’ on the road to creating a smoke-free generation.
The UK has passed a bill to ban everyone born after 2008 from smoking / Credit: Lil Artsy (via Pexels)
“Children in the UK will be part of the first smoke-free generation, protected from a lifetime of addiction and harm,” Mr Streeting said after the bill was passed this week.
“Prevention is better than cure. This reform will save lives, ease pressure on the NHS, and build a healthier Britain.”
The ban on purchasing tobacco products for those born after 2008 was first mooted by Rishi Sunak’s Conservative Government a number of years back, but was eventually shelved ahead of the 2024 General Election, and then revived again by Labour when they took power.
The bill’s passing parliament has been welcomed by charities and campaign groups – most notably Cancer Research UK.
“This is a historic achievement that will shield our children from the devastating grip of tobacco addiction and help to put an end to cancers caused by smoking,” concluded Michelle Mitchell, who is the Chief Executive Officer at Cancer Research.
Featured Image – Pxhere
News
The route for the 2027 Tour de France Femmes revealed ahead of Manchester debut
Danny Jones
The route for next year’s women’s historic Tour de France has been announced, with some of the best riders in the world set to pass through Greater Manchester and more.
Yet another big coup for the region and our sporting scene.
Speaking with the City Council, now that the full route has been revealed, our very own Dame Sarah Storey joined many in celebrating another huge moment for us; the female Tour de France is not just back up and running, but aiming to become bigger than ever.
🚴♀️ The world’s best cyclists are heading to Manchester! 🚴♀️
The routes for the Tour de France Femmes avec Zwift 2027 have now been revealed, with Manchester set to host the Stage One finish on Friday 30 July and the Stage Two start on Saturday 31 July. pic.twitter.com/OMMlhdorqP
— Manchester City Council (@ManCityCouncil) April 21, 2026
The Stockport-born swimmer turned Team GB cyclist and multi-Olympic gold medallist knows all about what makes this particular sport special, having swapped a previous and highly successful career for an entirely different discipline.
As has now been fully confirmed, the 2027 Grand Départ will be getting underway with our friends in Leeds, before heading through Yorkshire and into Greater Manchester.
Upon entering our neck of the woods, the course will pass through the likes of Rochdale and Oldham into Manchester city centre, before heading into Stockport and neighbouring North West county, Derbyshire, and finally heading back through the Peaks.
Spread across two incredible days, the race itself will finish in Sheffield, with another UK first happening down in London, as the capital will also host the inaugural team time trial held in this country.
You can see the official event’s breakdown of what locations feature in which stages of ‘The Big Loop’ in more detail below.
Leader of Manchester City Council, Bev Craig, went on to add: “Being able to watch the world’s best cyclists in action and in such an iconic event, taking place right here on our doorstep in the heart of Manchester next summer, is going to be epic on so many levels.
“Championing women and girls to participate in and enjoy sports – including cycling – at all levels from entry through to elite, is really important to us and next year’s Tour de France Femmes is set to play a huge part in helping inspire the next generation of sporting talent from our city.
“With millions of spectators expected to line the routes, including here in the city centre, we’ll be going all out to help ensure the event’s success with what is set to be a ‘Tour takeover’ of the city to maximise opportunities for local people and businesses to get involved, to grow their own sporting skills, and to take part in the many community activities being planned.”
Having hosted everything from the BRITs and the MOBO Awards to another Super League Grand Finals in both netball and rugby, not to mention numerous other huge events over the past couple of years, it truly is a great time to be living in Greater Manchester.