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Crown Estate Profits Surge, Monarch Faces Tax Criticism

2/20/2026

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Story summary
  • The Crown Estate reported profits of £1.1 billion, raising the Sovereign Grant by £132 million for the next financial year.
  • The Crown Estate is owned by the monarch and runs independently.
  • Dame Hodge criticized the monarchy for not paying capital gains or corporation tax.
  • A Duchy of Cornwall spokesperson defended operations as commercially driven and environmentally responsible.
  • The Duchy of Lancaster manages land and property assets under the King's oversight.