Royals make millions from NHS, files reveal
The TelegraphThe Royal family is making millions from the NHS through the monarchy’s property empire. King Charles’s 750-year-old asset portfolio is billing Guy’s and St Thomas’ NHS Foundation Trust £829,000 each year to rent a central London warehouse. The Duchy of Lancaster signed the 15-year lease in 2023 after the NHS trust said it needed help storing a new fleet of electric vehicles to tackle ambulance waiting times. The revelations form part of a joint investigation by The Sunday Times and Channel 4’s Dispatches, which exposed how the monarchy earns money from contracts with public bodies. This shows the value of scrutiny, because from now on, if they are charging, they will know it’s going to be scrutinised and people are going to ask why and they’ve got to justify it.” Baroness Margaret Hodge, a Labour peer and former chair of the Commons public accounts committee, called for the Royal duchies to pay corporation tax.
History of this topic
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