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King Charles and Prince of Wales receives £50m in revenue a year from leasing out land, investigation finds. The Royal family is making millions from the NHS through the monarchy’s property empire. King Charles’s 750-year-old asset portfolio is billing Guy’s and St Thomas’ NHS Foundation Trust £829,000 each year to rent a central London warehouse. The Duchy of Lancaster signed the 15-year lease in 2023 after the NHS trust said it needed help storing a new fleet of electric vehicles to tackle ambulance waiting times. The revelations form part of a joint investigation by The Sunday Times and Channel 4’s Dispatches, which exposed how the monarchy earns money from contracts with public bodies. It has sparked a backlash with some criticising the monarchy for lack of transparency over its finances. Sir Edward Leigh, the Conservative MP, said: “They’ve got to accept they’re not a business. “Don’t make a profit from public services like the Armed Forces and the NHS. This shows the value of scrutiny, because from now on, if they are charging [a public service], they will know it’s going to be scrutinised and people are going to ask why and they’ve got to justify it.” Baroness Margaret Hodge, a Labour peer and former chair of the Commons public accounts committee, called for the Royal duchies to pay corporation tax. There is a British royalty playlist if you are interested. #britishroyalty #princewilliam #kingcharlesiii #royalrevenue #royalfunding #royaltaxes