Written Question·Treasury·UIN 3769

Crown Estate: Wales

Tabled: 2 September 2024
Answered: 5 September 2024
Named Day

Question

Ben Lake

Plaid CymruCeredigion Preseli

To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of the Crown Estate publishing the (a) asset value and (b) net revenue profit of the Crown Estate in Wales within its annual accounts.

Answer

James Murray
To achieve efficiency in its operations, the Crown Estate runs many of its functions at a whole enterprise level. As a result, separate financial statements for Wales would not reflect the fact that expenditure is incurred for the benefit of the whole por...

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