British campaigners demand a review of the queen’s finances after reports that royal spending will not face cuts for at least another couple of years.
Anti-monarchy activists urge cuts to Queen Elizabeth II’s multi-million-pound annual income in line with the rest of the nation.
They say the current funding formula for the queen must be scrapped, as it means royal income keeps going up for another two years.
The activists say the queen’s finances should be reviewed every year rather than every five years, which is the current practice.
Campaigners have demanded that PM David Cameron and treasury secretary George Osborne, who set up the current funding formula, should carry out the review so that the royal family can make its own contribution to the government’s austerity measures.