It’s important to note that only senior working royals can issue warrants, and only with the monarch’s approval. While King Charles was appointed a grantor in 1980 during his time as Prince of Wales, his then-wife Princess Diana was never given that responsibility.
Financial Update: Royal Household’s Annual Report
The announcement comes alongside the release of the Royal Household’s 2024–25 Sovereign Grant Report. The grant, which funds the monarchy’s official duties, remains at £86.3 million for the fourth consecutive year. This includes £51.8 million for core operations and £34.5 million for ongoing renovations at Buckingham Palace.
The report covers a significant period marked by the King and Princess of Wales gradually returning to public life following their respective cancer treatments. Despite these personal health battles, the Royal Family maintained a full agenda, completing more than 1,900 public engagements at home and abroad.
Highlights and Future Changes
Among the key milestones of King Charles III’s second year on the throne was his attendance at his first Commonwealth Heads of Government Meeting as the new Head of the Commonwealth.
The report also detailed the high costs associated with the royal tour of Australia and Samoa undertaken by King Charles and Queen Camilla.
In an effort to modernize and adopt more sustainable practices, the Royal Household also announced plans to retire the royal train, favoring eco-friendlier travel alternatives going forward.
