King Charles announced no fewer than 40 government bills in his traditional speech to mark the State Opening of Parliament.
From establishing a new wealth fund, to charging VAT on private schools, to radical changes to the planning process, the King’s Speech was heavy on big, headline-grabbing policies that will touch the lives of people across the country.
But there was one bill the King read through which will affect him in particular.
The Crown Estate Bill, the King pronounced, will “modernise The Crown Estate by removing outdated restrictions on its activities, widening its investment powers and giving it the powers to borrow in order to invest at a faster pace”.
That would, it continued, include “vital marine investment needed to accelerate and quadruple offshore wind capacity by 2030 as part of the Government’s plan to deliver long-term financial returns”.
But what exactly is The Crown Estate? What is its…
