Sovereign Grant

(asked on 19th March 2026) - View Source

Question to the HM Treasury:

To ask His Majesty's Government whether they plan to introduce legislation to adjust and reduce the Sovereign Grant in the next King's Speech.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 30th March 2026

As required by the Sovereign Grant Act 2011, the next review of the Sovereign Grant is taking place this year. Further detail will be announced in due course.

The Government is committed to bringing forward legislation to reset the Grant to a lower level from 2027-28 once Buckingham Palace reservicing works are completed.

Reticulating Splines