The Guardian

At last, an economic policy we can all get behind – doubling the royal family’s funding | Marina Hyde

Marina Hyde — Fri, 26 Jun 2026 11:50:03 GMT

But with rumours about a certain workshy Windsor circulating this week, are we actually encouraging joblessness with an overly generous safety net?

Finally, some part of our struggling state is getting a massive budget increase – and it’s not even the welfare bill, like normal. Or maybe it is? The monarchy’s core funding is going to double to £100m. Also mentioned under cover of the same info dump is the fact that the refurbishment of Buckingham Palace is currently coming in at £369m, but the King and Queen don’t want to live there when it’s done.

Personally, I’m a big fan of the gaiety the Windsors add to this nation, willingly or otherwise, but I do worry: are we enabling a culture of dependence that isn’t actually great for any of the people involved? Does the royal economy need rebalancing, if it is simply impossible to own an absolutely vast private network of land and high-end properties without somehow still needing a top-up from the state? You’ve heard of the poverty trap – will no one think of the royalty trap?

Marina Hyde’s new book, What a Time to Be Alive!, is out in September (Guardian Faber Publishing, £20). To support the Guardian, order your signed copy at guardianbookshop.com. Delivery charges may apply

Marina Hyde is a Guardian columnist

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