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The Guardian - UK
The Guardian - UK
National
Geraldine McKelvie Senior correspondent

King made more than £1m selling land for leg of HS2 that was scrapped

Composite image of King Charles, an HS2 sign and a pile of UK banknotes
The Duchy of Lancaster has been controlled by reigning monarchs since medieval times and exists to provide them with a private income. Composite: Guardian Design/REX/Shutterstock/PA

King Charles’s private property estate has made more than £1m at taxpayers’ expense from the sale of land for projects linked to the leg of HS2 which will no longer be built, the Guardian can reveal.

The Duchy of Lancaster negotiated payments totalling £1,132,400 by selling land for road works near a proposed hub station in Crewe, Cheshire, in a deal that has emerged despite the organisation’s assertion that it is “completely self-financing and does not rely on taxpayers’ money”.

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