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Sovereign Grant Bill Cuts Monarchy Funding After Scandal

5/15/2026

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Story summary
  • The Sovereign Grant Bill, unveiled in the King’s Speech, signals the first reduction of the monarchy’s public funding in over a decade.
  • Treasury officials confirmed the grant will be lowered at the next five-year review.
  • The cut follows heightened scrutiny after the Andrew Mountbatten-Windsor scandal.
  • Previous grant levels rose temporarily to finance Buckingham Palace repairs.
  • Treasury ministers are meeting to determine the exact reduction amount.