Does the royal family benefit the UK's economy?

Royal Family

Last week, news emerged that Buckingham Palace is set to undergo renovation work to the tune of £369 million. The royals are often criticised for their extravagent lifestyles and huge costs to the British economy but it actually seems that they pay their own way. Read more on the indy100.

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This chart shows the economic benefits and costs of the royal family in 2015.

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Most liked members of the British Royal Family 2024

Income of the British Royal Family 2011-2024

U.S. adults favorability of British Royal Family members 2024

Net expenditure of the British Royal Family 2012-2024

British Royal Family in the UK expenditure breakdown 2023/24

Economic impact of tourism related to the British Royal Family in the UK 2012-2024

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Does the royal family benefit the UK's economy?

Royal Family