Crown estate makes more than £1bn profit for third year running
The Crown Estate reported £1.2 billion in profit for the third consecutive year, largely driven by the growth of offshore windfarms. Two-thirds of the profit, approximately £875 million, came from seabed option fees paid by wind developers. The estate returned £487 million to the Treasury, supporting public spending and royal family duties.
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Summary by OZbrief Editorial · The Guardian Australia · Source
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Published 25 Jun 2026, 21:00 UTC · Updated 25 Jun 2026, 21:20 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia. Editorial policy · Corrections
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