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The Independent UK
The Independent UK
Laura Elston

Prince William gives up £1.5 million-a-year income from abandoned prison

The Prince of Wales has decided he will no longer personally benefit from the controversial £1.5 million annual rent generated by the abandoned Dartmoor Prison, requesting the sum be removed from his Duchy of Cornwall income from 2026-27 onwards to instead fund local community regeneration.

The latest Duchy accounts showed the prince received a private income of £21.6 million in 2025-26, with his £7.76 million tax bill also revealed for the first time.

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