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Cost of the crown part 1: valuing the royal
family
Today in Focus Series
Presented by Maeve McClenaghan with David Pegg;
produced by Lucy Hough and Rudi Zygadlo; executive producer Phil Maynard
Mon 1 May
2023 03.00 BST Last modified on Mon 1 May 2023 12.02 BST
In the
first part of an investigative miniseries into royal wealth, Maeve McClenaghan
sets off on the trail to uncover how much public money is spent on the Windsors
– and what they do in return
As Britain
prepares for the coronation of King Charles III, the Guardian’s Maeve
McClenaghan and colleagues in the investigations team bring you the story of
what the modern monarchy costs - and how the Windsor family hide their riches
from public view.
The hunt to
work out exactly how the royal finances work begins with what we know about
their public funding. In a deal done with the palace in 2011, the government
reformed the funding mechanism for the monarchy and in the process removed the
need for a regular debate around the grant they are given. And as McClenaghan
discovers, it is not easy to find out exactly what each of the working royals
do in return for the generous settlement. So she turns to an unofficial source:
a 91-year-old man and his comprehensive scrapbooks that span decades of royal engagements.
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