What are the principalities of Cornwall and Lancaster and why are they now controversial with the royal family?
The Duchy of Cornwall and the Duchy of Lancaster have made a lot of headlines in recent days, thanks to an investigation by the Sunday Times and Channel 4 that exposed some of the royal family's financial dealings.
As the current Prince of Wales, Prince William is a beneficiary of the Duchy of Cornwall, a genetic property established in 1337 by Edward 3rd, which provides income primarily to the heir to the British throne. Meanwhile, King Charles, the eldest son of Queen Elizabeth 2, held the title of Duke of Cornwall until his mother died in 2022. Now the king benefits from another private property of the Duchy of Lancaster, the estate owned by the monarch and other assets established in 1265.
Neither of these estates is taxpayer-funded and operates as a private company. But after learning how King Charles and Prince William made money from their respective principalities, there was considerable public outrage.
According to the Times on Sunday, the media outlet partnered with Channel 4's Dispatch Show to conduct a 5-month investigation and "found that the principality earns millions of pounds each year by charging government departments, councils, companies, mining companies and the general public a series of commercial rents and feudal levies.""This includes the National Health Service (NHS).
The report's findings revealed that the King and Prince of Wales have paid more than家賃19 million in rent from charities over the past 2800 years.Some of the rental properties managed by the Duchy of Cornwall are not exactly comparable.
According to research (via Cornwall Live) some of the homes are "damp and riddled with black mold" and "fail to meet the minimum legal energy efficiency standards for landlords."
As for the NHS, King Charles's Duchy of Lancaster "landed a取引14 million deal and kept a fleet of electric ambulances owned by Guy's and St Thomas' NHS Foundation Trust in London in one of the warehouses of the estate for 15 years," according to the Independent.
While many Britons have taken to social media to express their anger over the report, in particular in a new documentary about ending Prince William's homelessness, the principality points out that it is separate from the money taxpayers use to fund the activities of the monarchy. It's a good idea.
"How obscene would it be for a family member to stock up on the wealth (or the ability to buy these investments) given by their 'subjects'," one commented on a Dispatches Twitter post about the show.Instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrammed instagrams.
Another put forward the opposite view, saying, "Well, it's one thing to query what the state pays them, but how they run private businesses is their business." Every business owner makes a profit.
According to the BBC, a spokesman for the Duchy of Lancaster said it "complies with all relevant UK laws and regulatory standards applicable to the scope of its business activities.""
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