Inquiry into Royal Family Finances and Crown Estate Leases

Opposition to Crown Estate Inquiry

• 💡 Edwina Currie and Giles argue that an inquiry into the Crown Estate and royal leases is a "big mistake" and "nasty."
• 🧠 They believe it's "prurient" to delve into royal finances and prefer to maintain a sense of mystery around "old money."
• 🚫 While acknowledging Prince Andrew's alleged misbehavior, they feel the rest of the royal family should be left alone.

Royal Lease Arrangements and Costs

• 💰 Prince Edward and Sophie reportedly paid £5 million for a 10-year lease.
• 💸 William and Kate pay market rent for Forest Lodge, ranging from £32,000 to £100,000 per month.
• 🧐 Princess Alexandra pays approximately £225 per month for her Richmond Park residence, significantly below market value.
• ⚠️ The Public Accounts Committee's inquiry is expected to reveal details about these varied and potentially favorable lease deals.

Defense of Royal Family's Role

• 👏 Edwina Currie highlights the immense energy and dedication of royals in performing public duties and supporting charities.
• 🌟 They are described as an "asset" to the country, undertaking numerous engagements and public appearances.
• 🤝 The argument is made that royals should not have to endure demeaning situations or financial struggles.

Financial Interplay and Crown Estate

• 🏦 The Crown Estate's profits go to the taxpayer, with recent increases attributed to offshore wind turbines.
• 🧐 The inquiry will examine property deals between the royal family and the Crown Estate, including leases for properties like Forest Lodge.
• ❓ Questions are raised about royal family members charging the state rent for properties used by entities like the Ministry of Defence or the NHS, especially when these lands were originally part of the state.

Potential Outcomes of the Inquiry

• 🔍 The Public Accounts Committee is launching a formal inquiry into all property deals between the royal family and the Crown Estate.
• 🗓️ This inquiry, expected within the next year, will include evidence sessions and could uncover further "cozy deals."
• 📈 The timing coincides with a general review of royal finances, increasing scrutiny on these arrangements.