The King wants to cut the royal slice of Crown Estate profits, which are rising after a £1bn wind farm deal.
The Crown Estate is an independently-run, commercial business, but its profits are used as a benchmark for the level of funding for the Sovereign Grant, last year worth £86.3m.
Buckingham Palace says in light of the "offshore energy windfall", the King wants to reduce the slice of profits going into the grant. A review of this percentage of Crown Estate profits going into royal funding is currently under way with the Treasury, with a decision expected in the next few months.
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