Crown Estate: Wales
Commons · Question 3769 · Tabled 2 Sep 2024 · Treasury · Official record
Answered 5 Sep 2024
Question
Asked by Ben Lake
To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of the Crown Estate publishing the (a) asset value and (b) net revenue profit of the Crown Estate in Wales within its annual accounts.
Answer
Answered by James Murray, 5 Sep 2024
To achieve efficiency in its operations, the Crown Estate runs many of its functions at a whole enterprise level. As a result, separate financial statements for Wales would not reflect the fact that expenditure is incurred for the benefit of the whole por...