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The Guardian - UK

National

Maeve McClenaghan, Rob Evans and Henry Dyer

King’s estate to transfer £100m into ethical funds after bona vacantia revelations

Duchy of Lancaster The Duchy of Lancaster King Charles III The Duchy of Cornwall Lancaster Shell

The king and smoke stacks and oil pumps — The king’s estate has collected more than £60m from people who died with no will or next of kin over the last 10 years. Composite: Guardian Design/UIG/Getty Images

King Charles’s estate has announced it is transferring more than £100m, including funds collected from dead people under the archaic system of bona vacantia, into ethical investment funds after an investigation by the Guardian.

The surprise announcement came amid growing pressure on the king over the Duchy of Lancaster’s use of funds collected from people who die in the north-west of England with no will or next of kin.

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