The business case for the King The City View In a cost of living crisis, headlines suggesting that the King is set for a “£45m pay rise” funded by taxpayers are bound to rankle – but they are misleading. The monarchy is not funded out of the public purse in the ordinary sense. The money the King receives – the Sovereign Grant – is [...]
What is The Crown Estate and how is the government reforming it? Politics In his King's Speech, King Charles announced changes to the Crown Estate. What is the arcane entity, and how is it changing?
Crown Estate to stage £430m transformation in London’s West End Property The Crown Estate will redevelop £430m worth of real estate in London's West End in an effort to stimulate the capital's post-pandemic renewal.
Her Majesty’s pleasure: Wind farm windfall sends Crown Estate value soaring June 24, 2021 A raft of new wind farms has sent the value of the Queen’s property holdings up 7.5 per cent over the last year, the Crown Estate announced today. The portfolio, which comprises London’s Regent Street, the seabed and half of the foreshore around England and Wales, is now worth £14.4bn. The marine division saw its [...]
Crown Estate returns £285m to public purse after record year June 24, 2015 The Crown Estate today announced another year of record profits thanks to the regeneration of its vast estate at the heart of London’s shopping district plus its growing offshore wind business. The Crown Estate’s net profit, which goes into the Treasury’s coffers, rose to a record £285.1m in the year to 31 March – up [...]