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Royal finances: Monarchy to get £45m extra funding

Source: BBC

Getty ImagesThe monarchy is to get an extra £45m due to soaring profits from the Crown Estate.The income boost comes from a surge in profits from the estate, due to six new offshore wind farms.Profits from the Crown Estate have increased to £1.1bn, which in turn will lead to a rise in the Sovereign Grant, which pays for the Royal Family's running costs.The grant will rise from £86.3m in 2024/25 to to £132m in…

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