Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Prince Andrew’s loss of titles sparks parliamentary review of royal finances, focusing on low rent at Royal Lodge and rising Sovereign Grant tied to Crown Estate profits.
The UK royal family’s finances are under parliamentary scrutiny after Prince Andrew lost his titles amid scandal over his ties to Jeffrey Epstein. A Public Accounts Committee inquiry will examine lease terms for Royal Lodge, where Andrew paid only a symbolic rent since 2003. The Sovereign Grant, funded by profits from the Crown Estate, has risen sharply—from £7.9 million in 2011 to £132.1 million in 2024–2025—due largely to offshore wind farm leases, with projections of £137.9 million by 2026–2027. Critics argue the increase contradicts King Charles III’s pledge to slim down the monarchy, while supporters highlight the Crown Estate’s £5 billion contribution to the Treasury over the past decade and its record £1.1 billion profit in 2024–2025. The inquiry reflects growing pressure for transparency in royal finances.