170
submitted 9 months ago* (last edited 9 months ago) by plinky@hexbear.net to c/politics@hexbear.net

linky

The “duchy” has raked in more than £60 million in such funds over the last decade, which it has claimed was being donated to charity. But “internal duchy documents” (yes, this is a real thing) show that much of the funds are actually being used to renovate the king’s real-estate holdings, some of which are then rented out for his own profit

Apparently, Queen Elizabeth II approved using these bona vacantia funds for upgrades in 1987 and again in 2019. Such renovations include double-glazed windows (nice!), log burners, and new roofs. In one case, an old farmhouse was renovated partially using these so-called bona vacantia funds, only to be rented out as a four-bedroom home for £1,450 per month.

The feudal-era practice was signed into law by the Parliament in 1925 but, as The Guardian reports, “why this was done is not known.” Meanwhile, it has helped King Charles, a landlord, amass a private fortune that is estimated to be worth £1.8 billion.

you are viewing a single comment's thread
view the rest of the comments
[-] GrayBackgroundMusic@lemm.ee 15 points 9 months ago

Wow. Yeah. That video is really, really skewed. And the response from Shaun rips it apart. https://www.youtube.com/watch?v=yiE2DLqJB8U

[-] HexReplyBot@hexbear.net 1 points 9 months ago

I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:

this post was submitted on 08 Dec 2023
170 points (100.0% liked)

politics

22195 readers
215 users here now

Protests, dual power, and even electoralism.

Labour and union posts go to !labour@www.hexbear.net.

Take the dunks to /c/strugglesession or !the_dunk_tank@www.hexbear.net.

!chapotraphouse@www.hexbear.net is good for shitposting.

Do not post direct links to reactionary sites.

Off topic posts will be removed.

Follow the Hexbear Code of Conduct and remember we're all comrades here.

founded 4 years ago
MODERATORS