Civil list

Kiran Stacey

George Osborne has just announced that, for the first time since 1760, the royal household will be paid not by a set grant from the government but through a proportion (15 per cent) of the net revenue of the crown estate.

It is a change Prince Charles has been campaigning for for years, and if the crown estate has a good year, could provide a bumper pay out for the royal family. Read more