Queen's household funding frozen
Funding for the Queen's household by the taxpayer through the Civil List will remain frozen at £7.9 million for the coming year, Chancellor George Osborne has announced.
Delivering his first Budget statement to the House of Commons, Mr Osborne said the freeze was made with Her Majesty's full agreement.
A new means of support for her will be proposed at a later date, he added.
He said: "The amount provided by the Civil List has remained unchanged over the last 20 years at £7.9m.
"This has required careful management. Because of inflation, the annual payment is today worth only a quarter of what it was 20 years ago."
The royal households have agreed that in future, Civil List expenditure will be subject to the same audit scrutiny as other Government expenditure through the National Audit Office and the Commons Public Accounts Committee, he added.
Mr Osborne said: "I believe this will mean clear accountability in this House and it will strengthen public confidence."
He paid tribute to the Queen's "loyal service and immense contribution to public life."
The Civil List pays for staff costs and running expenses of the Queen's household and is set every 10 years. A revised figure was due this year.
The Queen was reported last month to have asked for an increase in taxpayer funding.