Wind energy agreements have generated windfall that would normally go towards monarchy
The King has asked for profits from a £1bn-a-year crown estate windfarm deal to be used for the “wider public good” rather than as a funding boost for the monarchy.
Under the taxpayer-funded sovereign grant, which is currently £86.3m a year, the King receives 25% of the crown estate’s annual surplus, which includes an extra 10% for the refurbishment of Buckingham Palace.
Wind energy agreements have generated windfall that would normally go towards monarchyThe King has asked for profits from a £1bn-a-year crown estate windfarm deal to be used for the “wider public good” rather than as a funding boost for the monarchy.Under the taxpayer-funded sovereign grant, which is currently £86.3m a year, the King receives 25% of the crown estate’s annual surplus, which includes an extra 10% for the refurbishment of Buckingham Palace. Continue reading…
