The King’s staff are set to receive a bonus payment of up to £600 to help them with the cost of living crisis.
The Sun newspaper reported that the bonuses – to be paid on top of this month’s salary to workers including cleaners – would amount to tens of thousands of pounds and would come from the King’s private income.
Staff earning less than £30,000 will receive a single payment of £600, with staff earning more getting less.
Buckingham Palace declined to comment.
The BBC understands no taxpayers’ money is being used and the bonus is being paid from the King’s Privy Purse.
This is the money from a private estate known as the Duchy of Lancaster, which covers 18,000 hectares of land. It includes land in areas including Lancashire and Yorkshire, as well as property in central London. The Duchy of Lancaster usually makes a profit of about £20m a year.
Those on between £30,000 and £40,000 will receive £400 in a single payment, and those who are paid between £40,000 and £45,000 will receive £350, the Sun reported.
A source told the newspaper: “The King is giving money out of his own pocket to the lowest earners working for the household to help them cope with the cost of living crisis.
“It is to target where it is needed the most in the Royal Household and reflects the reality of the economic situation the country faces.
“The King is very much aware of the soaring energy bills people are facing and worried about the economic wellbeing of loyal palace staff and doing what he can.”
According to the royal accounts for 2020-2021, there are 491 full-time equivalent staff across the royal palaces paid for from the Sovereign Grant, with the wage bill coming to £23.7 million.
