the royal forums

Go Back   The Royal Forums > Reigning Houses > British Royals > The Prince of Wales and the Duchess of Cornwall
Reload this Page Duchy of Cornwall
Home Portal Blogs Articles Calendar Register FAQ Members List Royal Links Search Today's Posts Mark Forums Read Chat Room



Reply
Page 4 of 5 123 4 5
 
Thread Tools Search this Thread Display Modes
  #61  
Old 06-23-2009, 05:36 AM
Skydragon's Avatar
Skydragon Skydragon is offline
Inactive
  
Join Date: Oct 2005
Location: London and Highlands, United Kingdom
Posts: 10,964
Default
Anti-monarchy group Republic have called on the government to stop subsidising the royal family after news that Prince Charles's fortunes rose in value by £58 million in 2007-8

Prince Charles's fortune increases by £58m / Britain / Home - Morning Star

Reply With Quote
  #62  
Old 06-23-2009, 06:31 AM
tommy1716 tommy1716 is offline
Aristocracy
  
Join Date: Dec 2007
Location: london, United Kingdom
Posts: 184
Default
The Prince releases his annual report today, it includes the offical finances from the Duchy of Cornwall. BBC News has reported that the funding from the tax payer (grants in aid) has risen 24% to £3,000,000. His overall income was up 1%. The main reason was an increase in travel by air and rail which increased by about 48% to £1.7million.
Reply With Quote
  #63  
Old 06-23-2009, 07:36 AM
Skydragon's Avatar
Skydragon Skydragon is offline
Inactive
  
Join Date: Oct 2005
Location: London and Highlands, United Kingdom
Posts: 10,964
Thumbs down
The amount of money the Prince of Wales receives from the taxpayer jumped by almost a quarter last year.

Charles Prince Of Wales' Taxpayer Funding Up By Almost 24pc: Accounts Show Tax Bill Fell By 10pc | UK News | Sky News

The Prince of Wales's funding from the taxpayer rose by almost a quarter last year, Clarence House accounts showed today.
The money from grants-in-aid and Government departments jumped 23.5% from £2,454,000 to £3,033,000

Prince Charles gets 23.5% more cash from taxpayer | News
Reply With Quote
  #64  
Old 06-23-2009, 07:38 AM
Warren's Avatar
Warren Warren is offline
Administrator
  
Join Date: Jan 2005
Location: Sydney, Australia
Posts: 9,717
Default
Whereas of course it is not his fortune at all. It is the book value of the Duchy and can't be liquidated.
__________________
Seeking information? Check out the extensive Royal A-Z
Reply With Quote
  #65  
Old 06-23-2009, 08:58 AM
tommy1716 tommy1716 is offline
Aristocracy
  
Join Date: Dec 2007
Location: london, United Kingdom
Posts: 184
Default
Here is a link to the full annual report including information on TRH's activites this year
http://www.princeofwales.gov.uk/cont...09_smaller.pdf
And here is the section just on expenditure and income:
http://www.princeofwales.gov.uk/cont..._and_Staff.pdf
Reply With Quote
  #66  
Old 06-23-2009, 10:27 AM
Wisteria's Avatar
Wisteria Wisteria is offline
Nobility
  
Join Date: May 2009
Location: Maidenhead, United Kingdom
Posts: 286
Default
Quote:
Originally Posted by Warren View Post
Whereas of course it is not his fortune at all. It is the book value of the Duchy and can't be liquidated.
Surely you don“t mean that he doesn“t use this money from the Duch, as it is not his private fortune.
Reply With Quote
  #67  
Old 06-23-2009, 10:55 AM
Iluvbertie Iluvbertie is offline
Courtier
  
Join Date: Jul 2008
Location: Bathurst, Australia
Posts: 977
Default
Quote:
Originally Posted by Wisteria View Post
Surely you don“t mean that he doesn“t use this money from the Duch, as it is not his private fortune.

He can use the income but not the capital.

The capital has increased to 58 million pounds and he can't touch that 58 million pounds i.e. he can't sell any of it.

The income that money generates is about 16 - 18 million pounds and that is his to use to support his family and live on (alone with pay quite a bit of it in tax).

The same thing happens with the Duchy of Lancaster estate. The Queen uses the income generated from the estate as her personal income but she can't liquidate the assets.

This ensures that the monarch and heir have an income separate from the parliament and separate from each other (the monarch doesn't have to support the heir).

Neither of them can sell the assest of these estates. They have to be passed on in full to their successor, ensuring that they also have an income. If they are able to increase the worth of the estate during their stewardship that is all to the good. Charles has certainly been able to do that indicating that he is a good businessman.
Reply With Quote
  #68  
Old 06-23-2009, 08:09 PM
BellaFay BellaFay is offline
Aristocracy
  
Join Date: Jul 2007
Location: Merseyside, United Kingdom
Posts: 132
Default
Quote:
Originally Posted by Skydragon View Post
The Prince of Wales's funding from the taxpayer rose by almost a quarter last year, Clarence House accounts showed today.
The money from grants-in-aid and Government departments jumped 23.5% from £2,454,000 to £3,033,000
Where does the figure for £3.033 million come from? The accounts show that the total 'grant-in-aid' derived from the taxpayer to cover travel, some communication & office costs is £2.2 million up from £1.9million in the previous year not the figures being put out by the media.
Last edited by Warren; 08-04-2009 at 05:41 AM. Reason: ed quote to relevant part
Reply With Quote
  #69  
Old 06-23-2009, 11:48 PM
COUNTESS COUNTESS is offline
Courtier
  
Join Date: Aug 2007
Location: Spring Hill, United States
Posts: 613
Default
No one will take up a collection for them. Either way they live better than most and do little to earn it. Cutting ribbons and attending functions is not considered hard labor.
Reply With Quote
  #70  
Old 06-24-2009, 05:23 AM
Skydragon's Avatar
Skydragon Skydragon is offline
Inactive
  
Join Date: Oct 2005
Location: London and Highlands, United Kingdom
Posts: 10,964
Default
Quote:
Originally Posted by Iluvbertie View Post
He can use the income but not the capital.

The capital has increased to 58 million pounds and he can't touch that 58 million pounds i.e. he can't sell any of it.
Just one minor detail, Charles through the Duchy can sell some of the properties or goods owned, but Charles cannot directly benefit from it.
Reply With Quote
  #71  
Old 06-24-2009, 09:07 AM
Warren's Avatar
Warren Warren is offline
Administrator
  
Join Date: Jan 2005
Location: Sydney, Australia
Posts: 9,717
Default
Another detail, the book value of the assets of the Duchy of Cornwall is now £647 million. Most of this would be represented by land and property.
__________________
Seeking information? Check out the extensive Royal A-Z
Reply With Quote
  #72  
Old 06-24-2009, 09:37 AM
Iluvbertie Iluvbertie is offline
Courtier
  
Join Date: Jul 2008
Location: Bathurst, Australia
Posts: 977
Default
Quote:
Originally Posted by Skydragon View Post
Just one minor detail, Charles through the Duchy can sell some of the properties or goods owned, but Charles cannot directly benefit from it.
Selling the capital can only be made to increase the capital - sorry I should have made that point clearer.

He can't sell the capital to use for day to day expenses.

He can manage the capital to increase that capital and along the way increase the income from that capital.
Reply With Quote
  #73  
Old 06-24-2009, 12:18 PM
Wisteria's Avatar
Wisteria Wisteria is offline
Nobility
  
Join Date: May 2009
Location: Maidenhead, United Kingdom
Posts: 286
Default
Did you say £647 million Warren? Oh dear, the poor man, do you think he will manage to get by on that?
I love his bikkies and I will buy a few extra packets to help him keep his head above water, every little penny helps.
Reply With Quote
  #74  
Old 06-24-2009, 05:47 PM
Iluvbertie Iluvbertie is offline
Courtier
  
Join Date: Jul 2008
Location: Bathurst, Australia
Posts: 977
Default
Quote:
Originally Posted by Wisteria View Post
Did you say £647 million Warren? Oh dear, the poor man, do you think he will manage to get by on that?
I love his bikkies and I will buy a few extra packets to help him keep his head above water, every little penny helps.

This is not his personal fortune but the book value of the assets which creates the income on which he lives.

That book value will be passed to William on the death of the present Queen, assuming Charles is her successor (that Charles outlives his mother).
Reply With Quote
  #75  
Old 06-25-2009, 01:32 PM
branchg branchg is offline
Royal Highness
  
Join Date: Jun 2005
Location: , United States
Posts: 1,931
Default
Quote:
Originally Posted by BellaFay View Post
Where does the figure for £3.033 million come from? The accounts show that the total 'grant-in-aid' derived from the taxpayer to cover travel, some communication & office costs is £2.2 million up from £1.9million in the previous year not the figures being put out by the media.
Some of the difference may be money granted for infrastructure improvements or repairs to Clarence House. Since the residence is owned by the Crown, the Government usually provides some money for repair and upkeep if occupied by a senior member of the royal family.
Reply With Quote
  #76  
Old 07-17-2009, 03:06 PM
Skydragon's Avatar
Skydragon Skydragon is offline
Inactive
  
Join Date: Oct 2005
Location: London and Highlands, United Kingdom
Posts: 10,964
Default
Blurs' Alex James is to make cheese for Prince Charles.

The bassist, who reformed with Blur this year, will begin to supply cheese by royal appointment after agreeing a deal with the Prince of Wales.

Blur's Alex James to make cheese for Prince Charles | News | NME.COM

Prince Charles' rocking cheese - Monsters and Critics
Reply With Quote
  #77  
Old 07-18-2009, 10:54 AM
lumutqueen's Avatar
lumutqueen lumutqueen is offline
Heir Apparent
  
Join Date: Aug 2007
Location: Carlton, York, United Kingdom
Posts: 3,073
Default

I don't think I have ever heard of something stranger. A singer from a boy band to make cheese for the prince of wales. Well it's certainly original.
__________________
The power of imagination makes us INFINTE :)
To dare is to loose oneself for but a moment, not to dare is to loose oneself FOREVER - Prince Frederik to Princess Mary.
Reply With Quote
  #78  
Old 07-19-2009, 06:01 AM
Skydragon's Avatar
Skydragon Skydragon is offline
Inactive
  
Join Date: Oct 2005
Location: London and Highlands, United Kingdom
Posts: 10,964
Default
PRINCE Charles's ailing Duchy Originals firm is on the brink of being taken over by supermarket giant Waitrose, we can reveal.

Prince Charles's Duchy Originals may be sold to Waitrose. | News | News Of The World

Reply With Quote
  #79  
Old 08-03-2009, 05:56 AM
Skydragon's Avatar
Skydragon Skydragon is offline
Inactive
  
Join Date: Oct 2005
Location: London and Highlands, United Kingdom
Posts: 10,964
Default
When he founded the organic food range in 1990 and began selling products from his own Home Farm, he daydreamed, extraordinarily, it would grow so large that it would one day 'rival Sainsbury's'.

Read more: Too expensive, unpopular, out of touch with modern Britain... and that's just Prince Charles's biscuits | Mail Online

At least I will still be able to get my biscuits!
----------------------------
Despite being one of the country's wealthiest landowners, Prince Charles pulled in his purse strings in response to the economic crisis, and revealed how he had managed to slash £500,000 from his personal spending bill.

Read more: http://www.dailymail.co.uk/debate/ar...#ixzz0N6nRP4Vh

£520 per month seems very reasonable to me, considering some 3 bedroom rental properties in the Highlands cost £600-700 per month. I wonder how much it cost for a council house on the Isles?

Reply With Quote
  #80  
Old 08-07-2009, 06:17 AM
Skydragon's Avatar
Skydragon Skydragon is offline
Inactive
  
Join Date: Oct 2005
Location: London and Highlands, United Kingdom
Posts: 10,964
Default
As Prince Charles digests the catastrophic 70 per cent slump in profits of his beloved organic food company, Duchy Originals, I can reveal that the man charged with turning its fortunes round has an intriguing corporate history of his own.
Reply With Quote
Reply
Page 4 of 5 123 4 5

Tags
duchy of cornwall, duke of cornwall, prince charles, prince of wales

« Previous Thread | Next Thread »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Camilla, Duchess of Cornwall Fashion and Style Part 1: April 2005 - A.C.C. Royal House of Fashion 364 Yesterday 04:11 PM
Relationship of the Royal Family with The Duchess of Cornwall? HMQueenElizabethII The Prince of Wales and the Duchess of Cornwall 202 11-03-2005 08:34 AM



All times are GMT -4. The time now is 09:47 AM.

Contact Us - The Royal Forums - Archive - Member FAQ - Community Rules - Terms of Service - Privacy - Top


Other Social Knowledge forum communities:
Cooking Forum - Sailing Forum - Early Retirement - Airstream Trailer - Aquarium Forum - Royal Forum - Book Forum - Volkswagen Touareg Forum - Jeep Wrangler Forum - Whitewater Kayaking & Rafting Forum - Fiberglass RV Forum - RV Forum - Truck Conversion - U2 Music Forum - Fashion Industry Forum 		Social Knowledge Networks
Powered by vBulletin
Copyright ©2000 - 2009
Jelsoft Enterprises
Forums Directory
eXTReMe Tracker

Search Engine Optimization by vBSEO 3.3.0