After the publication of the latest financial reports of Buckingham Palace, the Monarchy is accused of corruption and misuse of public funds. The Royal Family costs the British public more than £345 million annually. This issue has decreased the Popularity of the royal family. The royal family scandal 2024 has led to an increase in the hatred of the British against the institution of the Monarchy. This article deals with the luxurious life of the royal family, for which the British taxpayers have to pay.
The astronomical increase in the expenses of the royal family
The Anti-monarchy group Republic has said the sovereign allowance is rising at an “astronomical rate, yet this is just a small part of the appalling cost of the monarchy.”. The Republic Campaign says the royals cost British taxpayers more than £345 million annually. Officials said the increase would help fund the final stages of Buckingham Palace’s 10-year, £369 million renovation. The royal family scandal 2024 imposes many costs on English families.
Horrible expense of the royal family compared to other governments
Independent financial aid continues to grow at an astronomical rate. However, this is only a tiny part of the terrible cost of the Monarchy. The royal family scandal 2024 is beyond these expenses and has caused misery to English taxpayers. Add the profits from the two duchies, which are state assets, the bloated security bill, and fees paid by local councils across the country, and the total bill is enormous. In comparison, the President of Ireland costs around €3.5 million.
The luxury life of the royal family from the taxes of the British people
The royal family runs around like crazy to justify the pity and want the taxpayers’ money. The royal family scandal 2024 has led to their disgrace. They still claim that the Duchies are their private property, which is false. Duchies are state assets; it’s time their profits go to public services and local communities, not the pockets of two billionaires. The British people do not owe anything to the royal families. The British people do not owe the royal family stately homes, private helicopter travel, or a life of leisure and luxury.
Abuse of the trust of taxpayers by the British royal family
Reports of the royal family scandal 2024 show that they have abused the trust of British taxpayers. Reports have confirmed that the royal family’s income will increase by over £45 million. The increase in profits from the Crown Estate to £1.1bn means the taxpayer-funded Sovereign Grant, which supports the Royal Family’s official duties, will rise from £86.3m in 2024/25 to £132m in 2025/26. The only reason the price is so high for the royal family is because the Monarchy is corrupt. They abuse the taxpayer’s trust every day. They take British people’s money to spend on their private lifestyles.
The real estate empire of the royal family
According to an article in the Guardian, the late King Charles and Queen Elizabeth received over £1 billion from the Duchies of Lancaster and Cornwall. These are vast collections of land and property. The debate over whether this money should go to the people or not goes back centuries. They operate as professional real estate empires. They manage parts of farmland, hotels, medieval castles, offices, shops, and some of London’s luxury real estate. They also have significant investment portfolios. On the other hand, the royal family does not pay any corporate tax or capital gains tax.
Buying a private helicopter from the taxpayer’s pocket
The financial reports cover the first full fiscal year of the King’s reign. The Sovereign Grant report revealed that the Royal Family will take delivery of two new helicopters in 2024/25. These helicopters will replace the current 15-year-old helicopters. The King’s state Bentleys will be converted to run on biofuel next year to switch to a fleet of official electric cars in the future, while solar panels are available in Windsor Castle for the first time.
Constantly increasing the budget of the royal family in the coming years
Taxpayers fund government grants in return for the King’s surrender of income from crown estates. The royal budget last year changed from 25 percent to 12 percent of the Crown Estate’s net profit, as there is an expectation of rising income from new property offshore wind deals. However, the King requested that the profits from the wind farm be used for the public good. If the 25% formula had continued, the Monarchy would have received £275m in 2025/26 instead.
Despite the percentage reduction, published Crown Estate financial figures showed profits in 2023-24 were £1.1bn. That means government funding – based on two-year arrears – will be £132m in 2025-26 – £45.7m more than in 2024/25. A palace spokesman said the increase would be reviewed through legislation in 2026/27 to keep the royal family’s budget at a “more appropriate” level.
Royal Family Scandal 2024: decline in Popularity and the risk of the deterioration of the Monarchy
Corruption in the British royal family has a long history and is not recent. This issue has increased hatred towards the institution of Monarchy in the UK. Also, the British are unhappy that their taxes are used, instead of the welfare of themselves and their families, to continue the luxurious life of the royal family. With the death of Queen Elizabeth II and the succession of Charles III in her place, the possibility of the demise of the Monarchy in the UK is more likely. Charles III is not very popular among the English and many British people know him for his corruption. With the continuing revelations about the corruption of the British royal family, it seems that its collapse will happen shortly.
