Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of trends in the Sovereign Grant and Sovereign Grant Reserve over the last three years.

The Chancellor of the Exchequer is one of the three Royal Trustees, alongside the Prime Minister and the Keeper of the Privy Purse. As required under the Sovereign Grant Act 2011, in each financial year the Royal Trustees publish a report setting out how the Sovereign Grant is calculated for the following financial year. This includes an analysis of the Reserve.

The Royal Trustee’s report on the Sovereign Grant for 2019-20 was published in October 2018, and can be found on the gov.uk website at:

https://www.gov.uk/government/publications/sovereign-grant-act-2011-report-of-the-royal-trustees-on-the-sovereign-grant-for-2019-20