15 h. ago Royal train to be decommissioned as monarchy cost the British taxpayer £86.3 million in the last year

Historic asset axed to provide ‘value for money’ as new report outlines the finances of the Royal Family over the past year

Economics

24 h. ago Royal train to be decommissioned following review, reveal royal accounts

The Sovereign Grant is funded by the taxpayer in exchange for the King’s surrender of the revenue from the Crown Estate.

Events

24 h. ago Royal train to be decommissioned following decades of service

The eight-carriage train will stop running in early 2027, according to the annual royal accounts

Events

24 h. ago Royal train to be retired as King Charles seeks to modernise monarchy

Palace accounts show Treasury finding to remain at £86.3m, while duchy of Cornwall will waive some charity rentsThe royal family’s private “royal train” will be decommissioned as part of King Charles’s drive to modernise the monarchy and reduce costs.The train has been used to transport members of the royal family around Britain’s railway network since 1840, but it has become increasingly costly to maintain and store. Rolling stock from the 1980s would need to be updated for modern railway networks, and two new more fuel-efficient helicopters offer a suitable alternative. Continue reading...

Politics

24 h. ago The monarchy cost the British taxpayer £86.3 million in the last year, figures show

A new report outlines the finances of the Royal Family over the past year

Economics

24 h. ago King Charles axes beloved Royal Train as Royal Family's cost to taxpayer revealed

The King will bid the "fondest of farewells" to the Royal Train after approving its decommissioning next year as the royals' cost to the taxpayer has been revealed

Economics