Something I still think about from time to time is that when Prince Philip passed away in 2021, he reportedly left behind a fortune somewhere in the vicinity of £30 million. We still don’t know how his estate was allocated because the British courts hushed it up really quickly, and his will won’t be made public for another 97 years. I bring that up because in addition to somehow accumulating £30 million while he was a working royal, Philip also got “special funding” from the British government to operate, to have a small staff and to travel. He received an annual lump sum of £369,000 throughout his marriage to QEII. And now… Queen Camilla will not receive that same amount.
The Queen will not receive Prince Philip-style personal funding from Parliament to fund her official duties, a report has confirmed. The late Duke of Edinburgh received an annual lump sum of £369,000 until his death, despite a change in the way the Royal family’s activities were funded by the taxpayer. However, a National Audit Office (NAO) report into the Royal household’s finances revealed that the cost of the Queen’s activities is met via the Sovereign Grant, with no additional financial input from the taxpayer.
The UK’s independent public spending watchdog on Friday published its spending and accountability report, examining the funding structures of the Royal family as part of its work to improve transparency. It noted that as the King’s “future programme of activities” had yet to be determined, his reign could “alter future funding needs in substantial ways” given that Elizabeth II had cut back on events and travel in recent years.
“Parliament provided Prince Phillip with a separate annuity worth £359,000 per annum,” it said. “Queen Camilla will not receive a separate annuity and the Queen’s activities will be funded from the grant.”
The old-style Civil List, the mechanism used to pay the late Queen and working members of the Royal family via Government grants to cover official expenses, was replaced in 2012 by the Sovereign Grant, which is based on a percentage of the Crown Estate’s profits. But the new legislation kept a provision for the Duke, who retired in 2017 and died in 2021, to carry on receiving his annuity for his lifetime. He was mentioned by name in the retained section of the previous Civil List Act 1952 and therefore the annuity is not transferable to Camilla, who would require new legislation to receive such funds.
The Sovereign Grant is reviewed every five years but currently stands at 25 per cent of the Crown Estate’s net surplus two years prior, which equated to £86.3 million for 2022-23. Ten per cent of that is used to fund the refurbishment of Buckingham Palace.
It’s very curious. Why was this arrangement made for Philip in the first place? Why wasn’t he always funded through the then-Civil List, and then the Sovereign Grant? It makes sense that Camilla wouldn’t get her own special funding, but it makes less sense that they kept Philip’s separate operational cost for decades. The only thing that makes any sense to me is the generational argument about husbands and wives, where it would have “looked bad” (at the time) for QEII to have authority over her husband’s finances. Now the worry is that King Charles is going to cut off all of his relatives and give everything to Camilla.
Photos courtesy of Avalon Red.
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- The Duke of Edinburgh attends a reception for winners of The Queen’s Awards for Enterprise, at Buckingham Palace in London.,Image: 513778764, License: Rights-managed, Restrictions: NO UK USE FOR SEVEN DAYS- Fee Payable Upon Reproduction – For queries contact Avalon.red – [email protected] London: 44 (0) 20 7421 6000 Los Angeles: 1 (310) 822 0419 Berlin: 49 (0) 30 76 212 251, Model Release: no, Credit line: – / Avalon
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- (170803) — LONDON, Aug 2, 2017 () — Britain’s Prince Philip, Duke of Edinburgh, reacts as he attends a parade in the role of Royal Marines’ Captain General for the last time at Buckingham Palace in London, Britain on Aug. 2, 2017. Prince Philip, husband of Queen Elizabeth II, carries out his final solo public engagement Wednesday before he retires from royal duties. (/Pool) -UK OUT-,Image: 513992572, License: Rights-managed, Restrictions: WORLD RIGHTS excluding China- Fee Payable Upon Reproduction – For queries contact Avalon.red – [email protected] London: 44 (0) 20 7421 6000 Los Angeles: 1 (310) 822 0419 Berlin: 49 (0) 30 76 212 251, Model Release: no, Credit line: han yan / Avalon
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- 167763, Her Majesty Queen Elizabeth II and Prince Philip, the Duke of Edinburgh, visit Canada House in Trafalgar Square to celebrate Canada’s 150th anniversary of Confederation. The Queen and Duke viewed artifacts and displays celebrating Canada 150, including items from the Royal Archives and from the National Maritime Museum’s exhibition Death in the Ice, which explores Sir John Franklin’s final Arctic expedition. London, United Kingdom – Wednesday July 19, 2017. UK, FRANCE, AUS, NZ, CHINA, HONG KONG, TAIWAN, SPAIN & ITALY OUT Photograph: Ã?© Pete Maclaine/i-Images, PacificCoastNews. Los Angeles Office (PCN): 1 310.822.0419 UK Office (Avalon): 44 (0) 20 7421 6000 [email protected] FEE MUST BE AGREED PRIOR TO USAGE,Image: 533138441, License: Rights-managed, Restrictions: WORLD RIGHTS, DIRECT SALES ONLY UNLESS STATED OTHERWISE IN CAPTION – Fee Payable Upon Reproduction – For queries contact Avalon.red – [email protected] London: 44 (0) 20 7421 6000 Los Angeles: 1 (310) 822 0419 Berlin: 49 (0) 30 76 212 251 Madrid: 34 91 533 4289, Model Release: no, Credit line: i-Images, PacificCoastNews / Avalon
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- Camilla, Duchess of Cornwall, meets young women who have been supported by The Prince’s Trust, ahead of the charity’s ‘Brilliant Breakfast’ campaign, at Clarence House, London.,Image: 630371095, License: Rights-managed, Restrictions: , Model Release: no, Credit line: ©Eddie Mulholland / Avalon
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- HRH Duchess of Cornwall hosting a reception for the British Equestrian teams from 2020 Tokyo Olympic & Paralympic Games.,Image: 660835221, License: Rights-managed, Restrictions: , Model Release: no, Credit line: Steve Reigate / Avalon
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- WADEBRIDGE, ENGLAND – JUNE 10: Camilla, Duchess of Cornwall at the Cornwall Cider Championships stand as she attends the Royal Cornwall Show at The Royal Cornwall Showground on June 10, 2022 in Wadebridge, England.,Image: 698833056, License: Rights-managed, Restrictions: NO UK USE FOR 48 HOURS- Fee Payable Upon reproduction – For queries contact Avalon [email protected] London 44 20 7421 6000 Los Angeles 1 310 822 0419 Berlin 49 30 76 212 251 Madrid 34 91 533 42 89, Model Release: no, Credit line: Avalon.red / Avalon
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- WADEBRIDGE, ENGLAND – JUNE 10: Camilla, Duchess of Cornwall takes a sip at the Cornwall Cider Championships stand as she attends the Royal Cornwall Show at The Royal Cornwall Showground on June 10, 2022 in Wadebridge, England.,Image: 698833254, License: Rights-managed, Restrictions: NO UK USE FOR 48 HOURS- Fee Payable Upon reproduction – For queries contact Avalon [email protected] London 44 20 7421 6000 Los Angeles 1 310 822 0419 Berlin 49 30 76 212 251 Madrid 34 91 533 42 89, Model Release: no, Credit line: Avalon.red / Avalon
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- The Duchess of Cornwall, Patron of Jamie’s Farm, leaves after a visit to the residential farm in the Wye Valley, Monmouthshire. Picture date: Wednesday July 6, 2022.,Image: 705501579, License: Rights-managed, Restrictions: NO UK USE FOR 48 HOURS- Fee Payable Upon reproduction – For queries contact Avalon [email protected] London 44 20 7421 6000 Los Angeles 1 310 822 0419 Berlin 49 30 76 212 251 Madrid 34 91 533 42 89, Model Release: no, Credit line: Avalon.red / Avalon
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- LONDON, ENGLAND – JULY 12: Camilla, Duchess of Cornwall during The Oldie Luncheon, in celebration of her 75th Birthday at National Liberal Club on July 12, 2022 in London, England.,Image: 706844548, License: Rights-managed, Restrictions: , Model Release: no, Credit line: Chris Jackson / Avalon
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- ST. AUSTELL, CORNWALL – JULY 19: Dame Esther Rantzen, Camilla, Duchess of Cornwall and Founder of Silver Stories, Elisabeth Carney Haworth during a visit to Charlestown School on July 19, 2022 in St. Austell, Cornwall. The Duchess of Cornwall is patron of Silver Stories, a charity that arranges for children to read over the phone to older members of the community who may be isolated or vulnerable. The Duke and Duchess of Cornwall are on a 3-day visit to the southwestern region to celebrate the Prince of Wales’ 70th year as the Duke of Cornwall.,Image: 708302952, License: Rights-managed, Restrictions: , Model Release: no, Credit line: Chris Jackson / Avalon


