Brexit could cost the Queen £1million a year because of regulations affecting the farmland around some of her properties.
The land around estates such as Sandringham and Windsor Castle will lose up to £700,000 and £300,000 respectively when EU subsidies are wiped away.
According to The Sunday Telegraph, the Crown Estate will also be take a financial pounding.
The Queen’s Sandringham Estate, in Norfolk, could lose up to £700,000 annually when EU subsidies are taken away
In an issue affecting agriculture across Britain, money coming to farmers from the European Union’s Common Agricultural Policy (CAP) will be abolished when Brexit finally happens.
A source told the newspaper’s Ben Riley-Smith: ‘I don’t think it was a budget-busting concern, it wasn’t something people were losing sleep over. But it was something people were conscious of as a post-referendum…