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How transparent are the royals being about money?
Key takeaways
- PA Media By Sean Coughlan Royal correspondent Published25 minutes ago In the blizzard of numbers published about royal finances, there is one figure that's very revealing.
- It's £99.9m for the level of next year's Sovereign Grant, the public funding for the running costs of the monarchy, covering costs like travel, staff and building maintenance.
- What it reveals about the royal finances is the importance about how things look, the optics of the moment.
Why this matters: a developing story that could shape the day's news cycle.
PA Media By Sean Coughlan Royal correspondent Published25 minutes ago In the blizzard of numbers published about royal finances, there is one figure that's very revealing.
It's £99.9m for the level of next year's Sovereign Grant, the public funding for the running costs of the monarchy, covering costs like travel, staff and building maintenance.
Not £100m, but £99.9m, the type of figure we're used to seeing in retail settings - £9.99 rather than a tenner - keeping a figure below a threshold, in a sales tactic that's sometimes called "charm pricing" or "psychological pricing".
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