Crown estate
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Monarchs to Forego Residence at Buckingham Palace Following £369 Million Renovation
King Charles and Queen Camilla have decided not to relocate to Buckingham Palace following the completion of £369 million in renovation work scheduled for next year. Instead, the royal couple will continue residing at Clarence House, their nearby residence in London. This decision coincides with the revelation that King Charles paid £12.9 million in income…
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Crown Estate Achieves Over £1 Billion in Profits for the Third Consecutive Year
King Charles’s property management entity has reported profits exceeding £1 billion for the third year in a row, largely driven by the surge in offshore wind farms financed through energy bills. The Crown Estate, which manages the royal family’s land and property assets, announced a profit of £1.2 billion for the most recent financial year,…
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Historic Indian restaurant in the UK launches legal battle against Crown estate amid eviction threats.
Veeraswamy, the UK’s longest-running Indian restaurant, is set to challenge the Crown Estate in court this month as it confronts eviction. The establishment, which has been a fixture on Regent Street in London for 100 years, is facing closure after the property portfolio owned by King Charles opted not to renew its lease. Founded in…
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Demand for an investigation into the entirety of royal financials following revelations about Andrew’s subletting activities.
Advocates for reform have urged for substantial changes and a comprehensive public inquiry into all financial dealings associated with the royal family following disclosures that Andrew Mountbatten-Windsor has been receiving undisclosed income from renting out three cottages on his Royal Lodge estate while only paying a nominal “peppercorn rent.” A report released by the National…
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Andrew leased three cottages at a nominal rental fee from the crown estate.
Andrew Mountbatten-Windsor has been identified as receiving private income through the subletting of three cottages located on his Windsor Royal Lodge estate, all while paying a nominal “peppercorn rent” to the Crown Estate, according to a recent report on royal property agreements. The review conducted by the National Audit Office (NAO) also discloses that King…
