Prince Charles' funding from taxpayers up by a quarter
Amount of money Prince of Wales received from taxpayer increased by almost a quarter last year
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Tuesday, 23, Jun 2009 05:22
The amount of money the Prince of Wales received from the taxpayer increased by almost a quarter last year, released figures show.
Money received from grants and funding from government departments rose by 23.5 per cent to more than £3 million, Clarence House confirmed on Tuesday.
The cost of the heir to the throne's travel last year also increased by almost 50 per cent, with official travel by air and rail rising from £1.15 million to £1.7 million.
His private income rose by only one per cent, however, to £16.4 million during the last financial year.
His official expenditure rose by nearly 20 per cent, from £10.4 million to £12.5 million, but his tax bill fell by ten per cent from £3.42 to £3 million.
A senior aide, Sir Michael Peat, said despite the large figures Prince Charles mindful of the recession.
"It's a recession and we have to say that we've looked at all costs very carefully," he said.
Today's figures also show the Prince's income from the Duchy of Cornwall last year was virtually unchanged at £16.5 million.
Clarence House claims during 2008-09 the Prince of Wales helped to raise, directly or indirectly, £130 million to support the work of his 20 core charities.