Under the Sovereign Grant Act 2011, she gets a sum equal to 15% of the income of the Crown Estate.
If the income of the Crown Estate has gone up, then the Sovereign Grant goes up.
The Crown Estate’s income typically increases more than GDP, inflation, your pension, your wages or anything else, because very large concentrations of capital tend to generate bigger returns than smaller ones, or indeed labour.
I’m no fan of there being a queen, but HRH getting an extra 6% this time around isn’t a product of gittish Tory gits being gits, it’s a product of a good annual return on investments that her income is linked to.
Tory plans to increase subsidies for offshore wind are certainly directly beneficial to the Crown Estate. I don’t see why governments think the crown should receive payments equal to 15% for development in the sea within 12 miles of the coast.
I would rather have seen onshore subsidies maintained.
Although not a money earner, why should the Crown Estate receive any money from any gold/silver discovered in a persons land?