<\/p>\n
Sir Geoffrey said that having \u201creflected\u201d on the information provided, the committee had decided to launch an inquiry based on the information it had received from the Treasury and Crown Estate, as well as from the National Audit Office, which recently updated a report it produced in 2005 examining the Royal family\u2019s leases.<\/p>\n
The date of its first evidence session will be announced in due course.<\/p>\n
Sir Geoffrey said: \u201cWe would like to thank the Crown Estate Commissioners and HM Treasury for their considered responses to our questions.<\/p>\n
\u201cIn publishing these responses, the public accounts committee fulfils one of its primary purposes \u2013 to aid transparency in public interest information, as part of its overall mission to secure value for money for the taxpayer.<\/p>\n
\u201cHaving reflected on what we have received, the information provided clearly forms the beginnings of a basis for an inquiry. The National Audit Office (NAO) supports the scrutiny function of this committee.<\/p>\n
\u201cWe now await the conclusions the NAO will draw from this information, and plan to hold an inquiry based on the resulting evidence base in the new year.\u201d<\/p>\n
Dan Labbad, chief executive of the Crown Estate, said: \u201cWe very much welcome the news of the committee\u2019s inquiry. We have provided detailed answers to the committee\u2019s questions to date and look forward to working with the NAO and responding to further questions to support the inquiry process.\u201d<\/p>\n
The Crown Estate \u2013 a vast portfolio of land and property \u2013 belongs to the reigning monarch \u201cin right of the Crown\u201d, but it is not their private property.<\/p>\n
It is run as an independent business, with profits paid directly to the Treasury. A proportion of the money, known as the Sovereign Grant, is then handed to the Royal family to support their official duties.<\/p>\n<\/div>\n
\u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source www.telegraph.co.uk \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Sir Geoffrey said that having \u201creflected\u201d on the information provided, the committee had decided to launch an inquiry based on the information it had received from the Treasury and Crown Estate, as well as from the National Audit Office, which recently updated a report it produced in 2005 examining the Royal family\u2019s leases. The date […]<\/p>\n","protected":false},"author":2,"featured_media":2186470,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[43],"tags":[403835,183049,398493,21738,22769,344742,24515,356051,382398],"class_list":["post-2186469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-royalty","tag-andrew-mountbatten-windsor","tag-king-charles-iii","tag-live-priority","tag-news","tag-royal-family","tag-standard","tag-the-royal-family","tag-uk-news","tag-us-content"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/12\/Andrew-can-stay-at-Royal-Lodge-for-another-year.avif","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2186469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2186469"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2186469\/revisions"}],"predecessor-version":[{"id":2186471,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2186469\/revisions\/2186471"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2186470"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2186469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2186469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2186469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}