Coronation of King Charles III - 6 May 2023

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LONDON — King Charles III's monarchy is set to receive a pay rise of more than 45 million pounds ($60 million), with a 53% jump in its official annual income, accounts show, as Britain grapples with a spiraling cost of living crisis.

The Sovereign Grant, the mechanism used to fund royal spending, will rise from over 86 million pounds ($110 million) in 2024-25 to around 132 million pounds ($170 million) in 2025-26, because of a surge in profits from the Crown Estate, a vast collection of land and property across the U.K.

Funded by the taxpayer, the Sovereign Grant is used to support the official duties of the monarch and other costs such as official travel, thousands of engagements, staff for working royals and the maintenance of occupied palaces...
 
Princess Anne has set tongues wagging amongst royal enthusiasts with her choice of headwear at the 2024 Olympic Games. The Princess Royal, who is a seasoned presence at the Games and holds the honorary title as the President of the British Olympic Association, has been spotted enjoying the events this year.

Now at the grand age of 73, Anne once held the role of President of the International Equestrian Federation, a post she held from between 1987 and 1993.

Accompanied by her spouse Sir Timothy Laurence, Anne sparked quite the stir when she donned a casual bucket hat to combat the sweltering Paris heat during the men's group stage hockey match versus the Dutch team on Tuesday.

 

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