Spending on monarchy up by £900,000 to £33.3m
Government spending on the monarchy rose by almost £1m to £33.3m in the last financial year, Buckingham Palace accounts have revealed.
The Queen's official expenditure increased by £900,000 in 2012-13, compared to the previous 12 months.
Sir Alan Reid, Keeper of the Privy Purse, said the figure was a "real terms reduction".
Public money used to fund the Royal Family, known as the Sovereign Grant, is expected to rise to £36.1m in the current financial year and £37.9m in 2014-15.
Nicholas Witchell reports.
27 Jun 2013
- From the section UK