King Charles has asked for millions of pounds of profits from a £1bn per year Crown Estate offshore wind farm deal to be used for the 'wider public good”
Picture: AlamyThe King has asked for profits from a £1 billion-a-year Crown Estate wind farm deal to be used for the "public good" rather than go to the Royal Family.
But Charles has requested that the extra funds "be directed for wider public good", instead of to the Sovereign Grant, at a time when many are facing financial hardship. The Crown Estate - an ancient portfolio of land and property - belongs to the reigning monarch 'in right of The Crown' but it is not their private property.
A Buckingham Palace spokesperson said: "In view of the offshore energy windfall, the Keeper of the Privy Purse has written to the Prime Minister and Chancellor to share the King's wish that this windfall be directed for wider public good, rather than to the Sovereign Grant, through an appropriate reduction in the proportion of Crown Estate surplus that funds the Sovereign Grant."
He spoke about the "great anxiety and hardship" experienced by many trying to "pay their bills and keep their families fed and warm" during his televised message, which featured footage of a food bank and other scenes of meals being distributed to the homeless.
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