King Charles to receive £132m next year after crown estate makes £1.1bn profit

Offshore wind power boom helps push profit from land and property to more than double what it was two years ago

King Charles is set to receive official annual income of 132m next year, after his portfolio of land and property made more than 1bn in profits thanks to a boom in the offshore wind sector.

Profits at the crown estate - which partly funds the monarchy - were flat at 1.1bn in its financial year to the end of March but more than double their level two years ago, at 442.6m.