Prince Charles is to reveal how much he contributed towards the royal wedding of Prince William and Kate Middleton, following the release of his financial accounts later today.
In what was undoubtedly one of the most expensive wedding reception venue bookings ever, This is Money speculates that the cash will run into the hundreds of thousands for the lavish bash.
However, despite earlier reports that Prince Charles would be the sole bearer of the bill, it is now thought that the Queen, along with Kate’s parents, Carol and Michael Middleton have also contributed towards the cost.
Previously royal weddings have run into the millions. Both the royals, and the public, were keen to avoid these astronomical costs in these times of austerity.
According to Financial-News.co.uk, Charles’ marriage to Camilla Parker Bowles at a register officer wedding five years ago cost £5 million. Before this, his marriage to Diana Spencer in 1981 at a St Paul’s Cathedral ceremony cost £4 million.
It is believed that not all of the ceremony money will be represented in this year’s accounts. However the financial documents should reveal how much the Prince has earned from the Duchy of Cornwall – the Prince’s inherited estate.
Figures from last year’s accounts show the income from the Duchy of Cornwall rose from £16,458,000 to £17,161,000, while the funding from grants-in-aid and Government departments decreased from £3,033,000 to £1,664,000.