Sovereign Grant

(asked on 12th January 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has considered alternative models for funding the duties of the Head of State, including a fixed annual budget subject to Parliamentary approval.


Answered by
James Murray Portrait
James Murray
Chief Secretary to the Treasury
This question was answered on 20th January 2026

The requirements for reviewing the Sovereign Grant have been set by Parliament in the Sovereign Grant Act 2011, sections 6 and 7.

The Government has also committed to bring forward legislation to reset the Grant to a lower level from 2027-28 once Buckingham Palace Reservicing works are completed.

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