Spending by the Royal Family exceeded its income from public funds last year and topped £100 million as the programme of repair works on Buckingham Palace was stepped up.

The Royal Household spent £16.1 million more than it earned from the Sovereign Grant - the publicly funded part of the Royal Family's income.

The annual report of palace finances shows it received £51.8 million for the day-to-day running of the monarchy and an extra £34.5 million for the Buckingham Palace redevelopment - referred to by the household as "reservicing".

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