Royal train
to be retired as King Charles seeks to modernise monarchy
Palace
accounts show Treasury funding to remain at £86.3m, while duchy of Cornwall
will waive some charity rents
Rachel Hall
Mon 30 Jun
2025 22.00 BST
The 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.
James
Chalmers, the keeper of the privy purse, said: “The royal train, of course, has
been part of national life for many decades, loved and cared for by all those
involved. But in moving forward we must not be bound by the past.
“Just as so
many parts of the royal household’s work have been modernised and adapted to
reflect the world of today, so too the time has come to bid the fondest of
farewells as we seek to be disciplined and forward in our allocation of
funding.”
Chalmers
said a search was under way for a long-term home for the train’s historic
parts.
The annual
royal accounts for 2024-25, published on Monday, show that the sovereign grant,
which is distributed by the Treasury to fund the official duties of the royal
family, will remain at £86.3m for a fourth consecutive year.
The grant
will increase to £132m annually between 2025 and 2027. This is partly to take
advantage of record offshore windfarm profits for the crown estate, which hit
£1.1bn in the last financial year, and also to cover the remaining £100m costs
for the final two years of Buckingham Palace’s £369m, 10-year refurbishment.
The accounts
also show that royal travel costs increased by £500,000 to £4.7m and payroll
costs were up £2m to £29.9m.
There was an
increase in the number of travel journeys costing over £17,000, from 24 in
2023-24 to 43 in 2024-45, reaching a total expenditure of £2.7m. Travel costs
for the king and queen’s state visit to Samoa cost £401,000 in public money.
As part of a
sustainability drive, one of the royal Bentleys is now powered by biofuels,
with the other due to transition this year, and a move to electric vehicles is
under consideration.
Separate
accounts also published on Monday reveal that the duchy of Cornwall, which
provides Prince William with a private income of nearly £23m a year, will waive
rents for grassroots groups such as wildlife trusts and the St Petrocs
homelessness shelter, and reduce rent for local charities by 50%.
This follows
a Channel 4 Dispatches and Sunday Times investigation last November into the
prince’s duchy and the duchy of Lancaster estate, which found that the estates
had secured rental agreements worth millions of pounds with the armed forces,
the NHS and state schools.
Will Bax,
the duchy of Cornwall’s new secretary and keeper of records, said the duchy was
also looking at including schools in the community groups that would be
eligible for the rent waiver. Commercial relationships with public bodies such
as the Ministry of Defence and the Ministry of Justice will not change.
Bax said:
“It would be remiss not to address the media scrutiny the duchy has experienced
this past year. We’ve used these challenges as an opportunity to stop and
reflect. Both the duke and I are clear that we want the duchy to be world-class
in our approach to supporting people, communities and nature to flourish, and
to realise that aim we must operate and communicate in a modern, socially
minded way.
“It’s clear
we’ve entered an era of deep change, but we change not because we disrespect
our past but precisely because we do respect it.”
The accounts
show the duchy generated profits of £22.9m, down £700,000 from £23.6m in the
previous financial year.
The annual
review for the Prince of Wales omits his income, expenditure and tax payments,
a move away from the transparency implemented by Charles as the previous Prince
of Wales.
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