Royal Household seeks £3M finance system fit for a King
Public sector
One seeks contractor to manage millions in taxpayer cash, will provide generous 20% off Windsor biscuit tins and tea towels
The UK's Royal Household plans to spend £3 million ($4 million) on a new finance system to replace one that is more than 15 years old, the Buckingham Palace-based organization said in a procurement notice published on May 7.
King Charles III gets to announce the British government's overall plans at the start of each parliamentary term but also has his own miniature civil service in the shape of the Royal Household, described by the procurement notice as a "public undertaking (commercial organization subject to public authority oversight)."
The household received £86.3 million ($116 million) in taxpayers' money in 2024-25, known as the Sovereign Grant, and generated a further £21.5 million($29 million) from activities including tours of Buckingham Palace. The King also receives private income from the...
Copyright of this story solely belongs to theregister.com. To see the full text click HERE
