Future King ushers in “new era of deep change” following criticism over estate earnings
Prince William has taken decisive action to reform the Duchy of Cornwall after intense public backlash over how the royal estate profited from public institutions and charities. In a move to modernise and correct course, the Prince of Wales has announced sweeping changes aimed at making the estate more socially responsible and transparent.
Following investigations by Channel 4's Dispatches and The Sunday Times, it was revealed that both King Charles and Prince William’s estates had collected millions in rent from NHS hospitals, prisons, and charities—despite some tenants facing poor living conditions. The revelations sparked widespread criticism and calls for reform.
Now, Kensington Palace has confirmed that William will waive certain rental charges and offer 50 percent discounts to qualifying tenants. The step is part of a broader plan to lead the estate into what has been called a “new era of deep change.”
“We are making the most of the opportunity to step back and reflect,” said Will Bax, the Duchy’s secretary and keeper of records. “Reflect on how we support our people, our communities, and our places to thrive.”
Bax acknowledged the controversy head-on, adding, “It would be remiss not to address the media scrutiny the Duchy has experienced this past year. We've used these challenges as an opportunity to stop and reflect.” He emphasised that Prince William is committed to operating the Duchy in a “modern, socially minded way.”
The Duchy of Cornwall is a private estate that provides income to the heir to the throne, supporting the charitable, official, and private activities of William, Princess Catherine, and their children—Prince George, Princess Charlotte, and Prince Louis.
With this bold move, Prince William signals not just a shift in estate management, but a broader vision for a monarchy more in step with the expectations of today’s public—accountable, sustainable, and community-focused.
