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NAO report uncovers royals’ property details

NAO report uncovers royals’ property details

A National Audit Office report reveals that King Charles covers the costs of rent-free residences for non-working royals, including Princess Beatrice and Eugenie, with their rents set below market value and paid from private funds. Other members, such as the Duke and Duchess of Edinburgh and Prince and Princess of Wales, benefit from long leases and rent arrangements, some generating private income through subletting. The report highlights royal property arrangements funded partly by public and private sources, with ongoing reviews of these agreements.

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