There's no fooling the Royal Family

on April Fools’ Day in 2012. Far from it. Because this was the day the Sovereign Grant Act came into force, sweeping away the long-established Civil List and replacing it with a remarkably generous new source of public funding.

The figures speak for themselves. Between 2001 and 2010, the old Civil List had been set at £7.9 million annually. In 2011, it grew to £13.7 million.

But then, in 2012, the first year of the Sovereign Grant, financial support to the Royals more than doubled to £31 million, and this was just the start of a cash bonanza.

In the most recent financial year, 2018-2019, the Sovereign Grant payout to the Royal Family reached a staggering £82.8 million.

It's comforting to know that they don't have to worry about money and that as they go about their business of ruling the nation. GSTQ

Posted By: Tombs, Dec 9, 19:47:44