Sovereign Grant

(asked on 26th February 2026) - View Source

Question to the HM Treasury:

To ask His Majesty's Government, further to the Written Answer by Lord Livermore on 26 February 2025 (HL5095), what arrangements they are making for the review of the Sovereign Grant this year; and when they plan to bring forward the legislation to implement the reduction of the Sovereign Grant from financial year 2027-28.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 9th March 2026

As required by the Sovereign Grant Act 2011, the next review of the Sovereign Grant will take place this year. In addition, the Government has 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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