Royal Family: Official Residences
The question
To ask the Chancellor of the Exchequer, if she will make it her policy that income from ticket sales for entry to royal palaces is received by the Treasury.
Answered by Lucy Rigby
As set out in the Sovereign Grant framework agreement, the Royal Household seeks to optimise income from non-Treasury sources where this is consistent with the main functions of the Sovereign Grant. In line with this, it charges the Royal Collection Trust for the use of Buckingham Palace and Windsor Castle for public admissions. This income is used to supplement the Sovereign Grant to support official activities, reducing the requirement for public funding.
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