Cost of taxpayer-funded grant for UK monarchy to rise by £45m

Sovereign grant that pays for royal family's duties to increase from 86.3m in 2024-25 to 132m in 2025-26

The cost of the grant that funds the monarchy is due to increase by more than 53% in the next year to 132m - a rise of 45m.

Official royal accounts released earlier this year revealed that huge profits of over 1bn from the crown estate mean the taxpayer-funded sovereign grant, which pays for the royal family's official duties, will increase from 86.3m in 2024-25 to 132m in 2025-26.

Additional reporting by PA Media