Have the royal finances hit the buffers?
This Is Why
Sky News
4.0 • 552 Ratings
🗓️ 1 July 2025
⏱️ 17 minutes
🧾️ Download transcript
Summary
The announcement comes as part of the latest financial statement from Buckingham Palace which reveals the annual sovereign grant, which supports the duties of the Royal Family and is funded by the taxpayer, remained at £86.3m.
In today's Sky News Daily, Gareth Barlow is joined by our royal correspondent Rhiannon Mills to dig into the figures.
Plus, Gareth speaks to former Lib Dem MP and author of And What Do You Do? What The Royal Family Don't Want You To Know, Norman Baker, about why he believes the Royal Family offer a bad deal for Britain.
Producer: Natalie Ktena
Editors: Rosie Gillott and Philly Beaumont
Transcript
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| 0:00.0 | Add water to your will. |
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| 0:31.4 | travel in London, think TFL. With the daily cap fair frozen until March 27, travel as much as you like on tube, bus, Elizabeth Line, DLR and Overground, knowing you'll never pay any more than £8.90 in Zones 1 and 2. |
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| 0:55.5 | Always use the same card of device when touching in and out for full terms and conditions such TFL fair capping. |
| 1:00.1 | I'm Gareth Barlow and on today's Sky News Daily, it's the end of the line for the Royal Train, |
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| 1:14.1 | With the daily cap fair frozen until March 2027, travel as much as you like on tube, bus, Elizabeth |
| 1:21.1 | Line, DLR and Overground, knowing you'll never pay any more than £8.0.0.0.0.0.0.0.4. Download. To the |
| 1:31.4 | to the mayor of London and TFL, every journey matters. Always use the same card of device when touching in and out for full terms and conditions such TFL fare capping. |
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