King Charles bills cash-strapped NHS hospital £11m to park ambulances on his land: Newly unearthed files reveal how royals also rake in millions from schools, prisons and Armed Forces
1 month, 3 weeks ago

King Charles bills cash-strapped NHS hospital £11m to park ambulances on his land: Newly unearthed files reveal how royals also rake in millions from schools, prisons and Armed Forces

Daily Mail  

King Charles is making millions out of the cash-strapped NHS, a shocking investigation into secretive royal finances reveals. Duchy money is private income for Charles and William on top of the Sovereign Grant, which will pay the Royal Family £132 million next year, up 50 per cent on this year. The estates have helped make the British royal family one of the richest in the world, generating almost £50 million for the King and the Prince of Wales in the last year alone The Duchy of Cornwall, helmed by Prince William, says that 'it is not a public body, nor is it funded by the taxpayer' The Duchies are run as commercial enterprises, but pay no capital gains tax nor corporation tax. The astonishing findings show: The Duchies have struck deals worth at least £50 million with public services such as the NHS, state schools and the Armed Forces; The Ministry of Justice is paying £37.5 million over 25 years to use Dartmoor prison, which is currently empty because of radon gas; Charles and William have made at least £22 million in rent from charities over 19 years – sometimes while serving as their patrons; Homes rented out by the royal estates fail government energy efficiency standards and leave tenants struggling with mould; Prince William, who tomorrow heads to South Africa for his eco Earthshot Prize, has allowed controversial mining companies to drill on Duchy of Cornwall land. He gave his land to the state in return for an annual income - but held on to the Duchies of Cornwall and Lancaster, then seen as worthless King Charles III attends a ceremonial welcome for The President and the First Lady of the Republic of Korea at Horse Guards Parade on November 21, 2023 in London The Duchy of Cornwall said it is 'a private estate with a commercial imperative.

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