Michael Stevens

Michael Stevens

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Michael Stevens serves as the Keeper of the Privy Purse for King Charles, overseeing the royal finances. He recently noted that the expected increase in the sovereign grant, which partly funds the monarchy, would help complete the extensive renovation of Buckingham Palace, while also emphasizing plans for a reduction in the grant amount in future reviews.

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Michael Stevens, the king’s Keeper of the Privy Purse, discussed the expected significant increase in the sovereign grant.

King Charles to receive £132m next year after crown estate makes £1.1bn profit | Crown estate
The Guardian·United KingdomUnited Kingdom· 2025-06-30
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