King Charles redirects £1bn windfarm profits towards ‘public good’

1 year ago 52

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.

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