September Edition 2018 ilmnews

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Royal Family Spending In 2017 The British royal family made more money in the financial year that ended on March 31, documents revealed. The two sets of documents provided new insights into how the royal family earned, distributed and spent its money, One of the official reports, which covers the finances of Prince Charles, shows the budget category that includes funding for William, Kate and Harry increased roughly 40% to £5 million. In recent years, Prince Charles and his wife Camilla, the Duchess of Cornwall, have increased spending in the category at more modest rates of up to 10 per cent. Charles and Camilla rely on a mix of public and private money to finance their

work and lives. Harry’s wedding to Meghan Markle on May 19 has sparked huge public interest in their finances, but the royal family and British government have declined to give details about their wedding spending. The reports also cover the Sovereign Grant, which is the Queen’s main source of income. The Queen received £76.1 million free of tax from the Sovereign Grant in the year ended March, a 78% increase from the previous year that will help finance an extensive 10-year renovation of Buckingham Palace. She will get another 8% boost in the current financial year.

Amir Khan To Face Samuel Vargas In September

Britain's Amir Khan will continue his comeback against Samuel Vargas in Birmingham on 8 September. The Bolton fighter did not fight for two years after a brutal defeat at the hands of Saul 'Canelo' Alvarez in 2016. Khan, 31, returned to the ring in April with a 40-second knockout of Canada's Phil lo Greco in April. "One of my aims this year was to be as active as possible so I'm very happy to get back in the ring again so soon," said Khan. "Vargas is a tough and well-schooled fighter who has shared the ring with some top welterweights. "I have to get past Vargas before looking at the biggest challenges going forward. I'm not going to

be taking Vargas lightly because I know he will be coming with everything on September 8." The 29-year-old Colombian's three career losses include defeats against Danny Garcia and Errol Spence Jr, who have previously knocked out Khan and Sheffield's Kell Brook.

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FOR ALI AKBER

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