Written questions

Sovereign Grant: Reviews

Lords · Question HL5096 · Tabled 24 Feb 2025 · Treasury · Official record

Answered 4 Mar 2025

Question

Asked by Lord Foulkes of Cumnock

To ask His Majesty's Government when the terms of reference for the next review of the Sovereign Grant in April 2026 will be prepared; who will be responsible for preparing them; and what input will be invited from parliamentarians.

Answer

Answered by Lord Livermore, 4 Mar 2025

The requirements for the 2026 review of the Sovereign Grant have been set by Parliament in the Sovereign Grant Act 2011. This requires the Royal Trustees to consider what percentage of Crown Estate profits should be used in the calculation of the Sovereig...