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Sovereign Grant: Reviews

Asked by Chris HinchliffLabourTreasuryTabled Answered 27 February 2025UIN 31375

The question

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of reviewing the Sovereign Grant for the 2026-27 financial year.

Answered by Darren Jones

The rules governing the Sovereign Grant have been set by Parliament in the Sovereign Grant Act 2011.

The Grant will be reviewed again in 2026 and the government is committed to bring forward legislation to reset the Grant to a lower level from 2027-28 once Buckingham Palace reservicing works are completed.

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