Future King ushers in “new era of deep change” following criticism over
estate earnings
Prince William has taken decisive action to reform the Duchy of Cornwall after
intense public backlash over how the royal estate profited from public
institutions and charities. In a move to modernise and correct course, the
Prince of Wales has announced sweeping changes aimed at making the estate more
socially responsible and transparent.
Following investigations by Channel 4’s Dispatches and The Sunday Times, it
was revealed that both King Charles and Prince William’s estates had collected
millions in rent from NHS hospitals, prisons, and charities—despite some
tenants facing poor living conditions. The revelations sparked widespread
criticism and calls for reform.
Now, Kensington Palace has confirmed that William will waive certain rental
charges and offer 50 percent discounts to qualifying tenants. The step is part
of a broader plan to lead the estate into what has been called a “new era of
deep change.”
“We are making the most of the opportunity to step back and reflect,” said
Will Bax, the Duchy’s secretary and keeper of records. “Reflect on how we
support our people, our communities, and our places to thrive.”
Bax acknowledged the controversy head-on, adding, “It would be remiss not to
address the media scrutiny the Duchy has experienced this past year. We’ve
used these challenges as an opportunity to stop and reflect.” He emphasised
that Prince William is committed to operating the Duchy in a “modern, socially
minded way.”
The Duchy of Cornwall is a private estate that provides income to the heir to
the throne, supporting the charitable, official, and private activities of
William, Princess Catherine, and their children—Prince George, Princess
Charlotte, and Prince Louis.
With this bold move, Prince William signals not just a shift in estate
management, but a broader vision for a monarchy more in step with the
expectations of today’s public—accountable, sustainable, and
community-focused.
