20 Jul 2023
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Announcement
HM Treasury
linked
direct
Sovereign Grant recalculated as offshore wind profits rise
Why linked: News announcement on Sovereign Grant recalculation and Crown Estate profits – explains funding mechanism basis
The Royal Trustees have today (20 July) published their review of the Sovereign Grant which sets the proportion of The Crown Estate’s net profits used to calculate the amount of government funding to support His Majesty The King.