The annual accounts of the British monarchy have just been revealed, showing British taxpayers just how much of their hard-earned money goes on covering the royal’s travel and housing costs.
The royal accounts, which were published on Thursday morning, showed that taxpayer-funded spending had increased by £14.9 million, or 17%, in the last financial year whilst UK GDP fell.
Official royal travel costs came to £4.5 million and utilities to £3.2 million, whilst housekeeping and hospitality costs came to a total of £1.3 million – an increase of 55% in a year.
The monarch’s annual payroll bill amounted to £23.7 million, whilst Prince Charles’s tax bill came to £5.9 million and the cost of official travel for William and Kate’s controversial Caribbean tour added up to £226,383.
The accounts also revealed that Prince Charles’s annual income from the Duchy of Cornwall landed estate, which includes approximately 53,300 hectares of land, over 600 residential lettings and more than 700 agricultural tenancies, increased from £20.4 million to £23 million.
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Graham Smith, chief executive of Campaign group Republic spoke damningly of the figures, drawing attention to the country’s spiralling cost of living emergency which is leaving many to make the choice between heating or eating as a result of very little government support.
He told Wales Online: “As always, while the rest of us face a cost-of-living crisis and continued squeezes on public services, the royals walk off with hundreds of millions of pounds of taxpayers’ money.”
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“We need to put the monarchy on a proper budgetary footing, just like any other public body. We need to slash that budget down to below £10m, and only fund what’s required for the functions of the head of state.”
Meanwhile Sir Michael Stevens, Keeper of the Privy Purse, suggested that Buckingham Palace was also facing some challenges itself due to inflation in the aftermath of the pandemic.
He said: “looking ahead, with the Sovereign Grant likely to be flat in the next couple of years, inflationary pressures on operating costs and our ability to grow supplementary income likely to be constrained in the short term, we will continue to deliver against our plans and manage these impacts through our own efforts and efficiencies”.
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Some key figures from the 2020-2021 royal accounts:
£86.3 million – The total taxpayer-funded Sovereign Grant, made up of £51.8 million for the “core” funding and an extra £34.5 million for the reservicing of Buckingham Palace.
9.6% – Proportion of staff from ethnic minority backgrounds working for Buckingham Palace, compared to 8.5% in 2020-21. The target was 10%.
10.6% – Proportion of staff from ethnic minority backgrounds working for Clarence House.
13.6% – Proportion of staff from ethnic minority backgrounds working for Kensington Palace.
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£102.4 million – Official expenditure by the monarchy – a rise of £14.9 million or 17% from £87.5 million in 2020/2021.
£1.29 – Cost per person in the UK of funding the total Sovereign Grant.
£1.3 million– Cost of housekeeping and hospitality for the royal household – an increase of half a million or 55%.
491– Full-time equivalent staff paid for from the Sovereign Grant, with the wage bill coming to £23.7 million.
£63.9 million – Spending on property maintenance – up £14.4 million or 29% from £49.5 million in 2020-21.
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201 – Official engagements carried out by the Queen in the last financial year – 88 more than the 113 she undertook in 2020-2021 during the pandemic.
Almost 2,300 – Official engagements by the royals in the UK and overseas, compared to 1,470 last year.
£138,457 – Charles’s travel costs for trip to Barbados to mark country’s transition to a republic
£4.4 million – The Prince of Wales’s bill for the Cambridges’ activities, plus Charles’s other expenditure including his capital expenditure and transfer to reserves. Charles no longer pays for the Sussexes.
£1.2 million – Decrease in this bill over two years since 2019-2020 when Harry and Meghan were full-time working royals.
£23 million – Charles’s annual private income from the Duchy of Cornwall landed estate, up from £20.4 million in 2020-21.
Feature image – The Royal Family
News
Peter Kay’s statement in full as his Co-op Live gigs are postponed for SECOND time
Daisy Jackson
Peter Kay has issued a statement after his two gigs at Co-op Live were rescheduled – again.
The Bolton-born comedian was supposed to officially open the huge new Manchester venue last week, but ‘power supply issues’ forced it to be rescheduled.
He was then supposed to perform on Monday and Tuesday of next week instead, but these two shows have been pushed back even further.
Peter Kay has now issued a statement addressing the postponement, saying it’s ‘very disappointing’.
He also said: “I know, I can’t believe it either.”
He’s even amended his own tour poster to add the disclaimer: “(If they actually open the place).”
The star joked that he was now the ‘ninth artist in the world’ to play there.
The legendary comic wrote: “To everybody with tickets, my apologies once again but unfortunately the Co-op Live still isn’t ready and so, as yet, remains untested for a large-scale audience.
“Consequently, they are having to reschedule my two shows yet again (I know I can’t believe it either).
“The first available dates the shows can reschedule to are as follows: Mon 29th April to Thurs 23rd May, Tues 30th April to Frid 24th May.
“Tickets will be transferred, or refunds given if the new dates aren’t suitable.
“It’s very disappointing but your safety is important, and I won’t compromise that.”
Co-op Live said in a statement: “Since making the difficult decision to postpone the live shows at Co-op Live due to take place this week, we have been undertaking an extensive protocol of testing critical procedures to ensure all areas are ready for fans.”
They’ve also made the rather bold decision to once again assure fans that the next raft of shows now set to be their opening gigs – big dates from Boogie Wit Da Hoodie and Olivia Rodrigo – are still set to go ahead as scheduled.
Touch wood.
“To ensure that we can run all shows safely, regretfully we have now had to take the decision to reschedule the planned The Black Keys and Peter Kay shows.
“Both The Black Keys and Peter Kay have graciously agreed to reschedule their shows. The Black Keys will now perform on 15 May 2024, and Peter Kay will now perform on 23 and 24 May 2024.
“All tickets remain valid and ticket holders will be contacted by their point of purchase. Refunds will be available for those who can no longer attend.
“We deeply appreciate the impact this will have on excited fans, and sincerely apologise for the inconvenience that this change will undoubtedly cause. Rescheduling Peter Kay and The Black Keys will give us the extra time we need to continue testing enhanced emergency communications thoroughly.
“This is vital to satisfy the rigorous set of guidelines and protocols that are necessary for a venue of this size to ensure that our fans, artists and staff have the safest experience possible.”
Manchester’s Co-op Live arena postpones The Black Keys and Peter Kay (again)
Daisy Jackson
The Co-op Live has announced it is postponing both The Black Keys gig and Peter Kay’s performance.
Both shows were set to take place this week as the huge arena finally opens in Manchester.
This is the second time Peter Kay has been rescheduled – the show was meant to officially open the venue earlier this week.
Co-op Live went ahead with a test event with Rick Astley last Saturday, albeit with a capacity that was reduced at the eleventh hour.
But the huge venue was hit with ‘power supply issues’ and took the ‘difficult decision’ to postpone Peter Kay.
It’s now gone one step further and pushed back The Black Keys – meant to be their first proper live music event – as well as Peter Kay AGAIN.
In a statement shared today, the Co-op Live said it has been ‘undertaking an extensive protocol of testing critical procedures to ensure all areas are ready for fans’.
It said that the shows are being rescheduled to ensure they can ‘run safely’.
The 23,500-capacity arena said this will give them ‘the extra time we need to continue testing enhanced emergency communications thoroughly’.
The Black Keys will now perform on 15 May, and Peter Kay on 23 and 24 May.
As for the Bolton-born comedian, he sounds somewhat in disbelief himself:
Co-op Live’s statement reads: “Since making the difficult decision to postpone the live shows at Co-op Live due to take place this week, we have been undertaking an extensive protocol of testing critical procedures to ensure all areas are ready for fans.
“To ensure that we can run all shows safely, regretfully we have now had to take the decision to reschedule the planned The Black Keys and Peter Kay shows.
“Both The Black Keys and Peter Kay have graciously agreed to reschedule their shows. The Black Keys will now perform on 15 May 2024, and Peter Kay will now perform on 23 and 24 May 2024.
“All tickets remain valid and ticket holders will be contacted by their point of purchase. Refunds will be available for those who can no longer attend.
“We deeply appreciate the impact this will have on excited fans, and sincerely apologise for the inconvenience that this change will undoubtedly cause.
“Rescheduling Peter Kay and The Black Keys will give us the extra time we need to continue testing enhanced emergency communications thoroughly.
“This is vital to satisfy the rigorous set of guidelines and protocols that are necessary for a venue of this size to ensure that our fans, artists and staff have the safest experience possible.”