Crown Estate profits remain at record high but windfarm boost set to fall back

The estate is run as an independent business, but its profits are paid directly to the Treasury (Ben Birchall/PA) - (PA Wire)

Profits at The Crown Estate have remained at a record high of more than £1 billion, but earnings are set to drop back sharply as a short-term boost from offshore wind farms fades.

The latest annual figures from The Crown Estate, which oversees the royal family’s land and property holdings, revealed earnings stayed at the all-time high of £1.1 billion for the second year in a row.