Image by Dimitris Vetsikas from Pixabay
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Image by Dimitris Vetsikas from Pixabay

Former Liberal Democrat MP Norman Baker on public ownership of the crown estate and the result of a ‘stupid’ change to the royal finance arrangements by former chancellor George Osborne

Until 2012, 100% of the profits went to the Treasury, as they should, but then George Osborne stupidly changed the royal finance arrangements to give the Queen a percentage of the crown estate’s profits, now up to 25%.


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