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    U.K. Royal Family Gets Financial Boost From Offshore Wind and Palaces

    Profits at the Crown Estate doubled thanks to offshore wind deals, while visitors to royal palaces are almost back to prepandemic levels.New reports on the finances of Britain’s royal family and its ancient property portfolio have revealed a double dose of good news for the household, which has been destabilized by illness and injury in recent months.Profits from the Crown Estate, which oversees the royal family’s massive land and property holdings, jumped to £1.1 billion (about $1.4 billion) from £442.6 million in the previous year, according to the estate’s annual report, mainly thanks to deals involving the leasing of seabed sites to offshore wind producers.As a result, the money the royal family receives from the government — known as the sovereign grant — will rise to £132 million in 2025-2026, up from £86.3 million in recent years.For centuries, net profits from the Crown Estate have been passed to the government, in return for a fixed yearly payment to fund the royal family and its duties. Since 2012, this payment has taken the form of the sovereign grant, which is calculated as a percentage of the estate’s profits.King Charles previously requested that the anticipated surge in profits from the wind power deals be used for the “wider public good.” As a result, the previous government agreed to reduce the sovereign grant to 12 percent of net profits from this year onward, down from 25 percent. If the grant had remained at 25 percent, the king would have received £275 million instead of £132 million, a huge rise that could have jeopardized the royal family’s popularity at a time when much of Britain is still mired in a cost-of-living crisis.The chief executive of the Crown Estate, Dan Labbad, wrote in the annual report that the profit boost was “short term in nature,” adding that over the coming years “revenue and valuation will normalize.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Kate, Princess of Wales, Plans to Attend Wimbledon Final

    The princess has stepped back from the public eye since her cancer diagnosis earlier this year.Catherine, Princess of Wales, appeared on Sunday afternoon at the Wimbledon tennis championship in London, a further step in her cautious return to public appearances after her cancer diagnosis.She took her seat in the front row of the royal box, to prolonged applause, about five minutes before the men’s singles final between Carlos Alcaraz and Novak Djokovic was scheduled to start at 2 p.m. She wore a bright purple dress and gold earrings, and was joined by her daughter, Princess Charlotte.A wonderful Centre Court welcome for our Patron HRH The Princess of Wales 💜#Wimbledon pic.twitter.com/HGcphka27P— Wimbledon (@Wimbledon) July 14, 2024

    The Princess of Wales has long been one of the most visible and most popular members of the royal family. But she stepped back from royal duties after having abdominal surgery in January, and her announcement in March that she had begun chemotherapy prompted a flood of concern about her health.She largely stayed out of public view — save for a statement to the public last month saying that she was “not out of the woods yet” and thanking supporters for their well wishes — until June, when she joined her family at Buckingham Palace for a military parade, called Trooping the Color, to mark the king’s birthday.Wimbledon is a familiar setting, with the promise of a friendly and enthusiastic crowd.Catherine — a high school athlete who has repeatedly played sports as a working royal — has been a fixture at the tournament. She is the patron of the All England Lawn Tennis and Croquet Club (commonly known as Wimbledon), a role she has held since 2016. She did not attend the women’s final on Saturday, although she has previously awarded trophies to both winners.Catherine’s husband, Prince William, will also attend a major sporting event on Sunday, Kensington Palace said: The final of Euro 2024 in Berlin, where the English men’s soccer team will face Spain. The match begins at 9 p.m. in Germany.That match is the subject of more intense excitement in England, which has been treating the occasion as something of a national holiday — the men’s team has not won a major international tournament since the 1966 World Cup.A formal national holiday may yet follow. When asked about the idea at the NATO summit in Washington this past week, Prime Minister Keir Starmer told reporters that England “should certainly mark the occasion” if the team won, adding, “I don’t want to jinx anything.”But William’s and Catherine’s public appearances come at a tough time for the family, whose public-facing ranks have been thinned by scandal and sickness.King Charles III announced in February that he had cancer, and took a step back before returning to public duties in April. Princess Anne, his younger sister, was hospitalized for five days in June after suffering a concussion. More

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    King Charles III Attends Easter Service

    The family has been thrown off balance by health crises, including cancer diagnoses for the king and Catherine, Princess of Wales. She and her husband, Prince William, did not appear.King Charles III attended the Easter church service on Sunday at Windsor Castle with Queen Camilla, later greeting well-wishers who had turned out to see his first significant public appearance since disclosing last month that he has cancer.Charles, 75, has continued to work while undergoing treatment, greeting visitors and holding his weekly meetings with the British prime minister, Rishi Sunak. But he has suspended public engagements on the advice of his doctors.Strolling out of the church after the service ended, Charles shook hands and chatted with the people who had gathered outside, telling one, “You’re very brave to stand out here in the cold.”His appearance in a familiar setting, St. George’s Chapel on the grounds of Windsor Castle, was calculated to restore a semblance of normalcy to a royal family that has been thrown badly off balance by multiple health crises this year. Catherine, Princess of Wales, announced just over a week ago that she, too, had been diagnosed with cancer.As planned, neither Catherine nor her husband, Prince William, appeared with the family at the service. She has not made an official public appearance since Christmas Day, before she entered a hospital for abdominal surgery in January. In a video, Catherine said that tests conducted after the operation found evidence of cancer.Charles has been a much more visible presence since becoming ill. He is photographed regularly speaking with dignitaries like Prime Minister Justin Trudeau of Canada. On Tuesday, the king, who has embraced religious pluralism, met with leaders from multiple faiths at Buckingham Palace.But he has stayed away from larger gatherings. On Holy Thursday, known in Britain as Maundy Thursday, Charles skipped a service at which the monarch traditionally hands out gifts of special “Maundy Money” coins to people involved in community service. Camilla carried out the ritual, in one of her most conspicuous appearances as a stand-in.In a video recorded for the service, Charles said, “We need and benefit greatly from those who extend the hand of friendship to us, especially in a time of need.” That was widely interpreted as an acknowledgment of the flood of well-wishes that have poured in since he and Catherine announced their illnesses.Buckingham Palace has suggested that Charles is impatient and wants to get back to a regular schedule. But it has never specified what type of cancer he has, his prognosis or his treatment.Two weeks ago, social media channels in Russia were flooded with spurious rumors that Charles had died. After the reports were picked up by several Russian news agencies, the British embassies in Moscow and Kyiv, the Ukrainian capital, felt obliged to debunk them, calling it “fake news.” More

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    Catherine’s Cancer Disclosure Shows Her Lessons From Previous Media Ordeals

    “They know they can’t control the online world,” one expert on the royal family said about the recent spate of revelations about the health of Catherine and King Charles III.For more than two months, Catherine, Princess of Wales, had lost control of her story to a spiral of wild, baseless online rumors. On Friday evening, with a stark two-minute, 13-second video, she set out to reclaim it.To do so, the princess had to deliver the wrenching news that she was battling a life-threatening cancer, the kind of deeply personal disclosure that she and her husband, Prince William, have long resisted.Catherine, 42, made the decision to record the video herself, two people familiar with the planning process said on Saturday. Earlier, she had decided to post an apology for digitally altering a photograph of herself with her three children, which set off a new round of conspiracy theories after it was released on Mother’s Day in Britain.“This was pitch perfect from her perspective,” said Peter Hunt, a former royal correspondent at the BBC. “The fact that it was a video was a rebuke to all those questions about her whereabouts.”In opting to go public this way, Catherine has etched a place for herself in the annals of the British royal family and among the women of the House of Windsor. The video, in its frankness and barely concealed emotion, recalled Queen Elizabeth II’s televised message days after the car crash that killed Diana, Princess of Wales, in 1997.Catherine seemed to be modeling herself on Elizabeth, whose video was intended to douse another media firestorm, over whether she and the royal family had not displayed appropriate grief after Diana’s death. It also set her apart from Diana, who was ultimately a victim of the media currents that swirled around her.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Princess Kate and the Royal Family: A Timeline of the Last Few Months

    It’s been a busy few months for King Charles III and his family. There have been surgeries, health announcements, and one family photograph people can’t stop talking about.For months, nearly all eyes have been fixated on the ebbs and flows of the British royal family, with King Charles III and Catherine, the Princess of Wales, in the spotlight because of health matters.But as of late, the extended absence of Catherine, also known as Kate, from the public eye has propelled a tidal wave of rumors over her whereabouts, ultimately leaving the public still searching for answers.Here is a quick timeline of key moments to help you catch up.Dec. 25, 2023Kate makes her last public appearance.Kate’s last official public appearance was on Christmas Day, when she attended a church service at St. Mary Magdalene Church in Sandringham, Norfolk, England.She was photographed wearing head-to-toe royal blue while walking to the church alongside her husband, Prince William, and their three children, Prince George, Princess Charlotte and Prince Louis, as they routinely do each Christmas. The entire family coordinated in blue and green.Catherine arrives with her family to attend the Christmas Day service at St. Mary Magdalene’s church at Sandringham.Chris Radburn/ReutersJan. 17, 2024Kate undergoes surgery.A little more than three weeks later, on Jan. 17, Kensington Palace announced that Kate had been admitted to the London Clinic to have abdominal surgery. Officials gave few details about her health but said the surgery was successful, and that her condition was “not cancerous.” She was expected to remain hospitalized for up to two weeks.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    King Charles’s Cancer Diagnosis May Reshape How U.K. Monarchy Works

    Britain’s king has been a highly visible royal, making hundreds of public appearances. As he steps back from view, who will fill the gap?Queen Elizabeth II liked to say that she needed to be seen to be believed. Now it falls to her son King Charles III to test that principle, after a cancer diagnosis that will force him out of the public eye for the foreseeable future.For a family that has cultivated its public image through thousands of appearances a year — ribbon-cuttings, ship launchings, gala benefits, investiture ceremonies, and so on — the sidelining of Charles may finally force the royals to rethink how they project themselves in a social-media age.The king’s illness is the latest blow to the British royal family, which has seen its ranks depleted by death (Elizabeth and her husband, Prince Philip), scandal (Prince Andrew), self-exile (Prince Harry and his wife, Meghan), and other health woes (Catherine, the wife of Prince William).Charles, who is 75, took part in 425 royal engagements in 2023, his first full year on the throne, according to a count by The Daily Telegraph. That made him the second hardest-working royal after his younger sister, Princess Anne, who did 457. Both were busier than in the previous year, when Elizabeth, though in the twilight of her life, still appeared in public sporadically.While Anne, 73, shows little sign of slowing down and William plans to return to public duties while his wife convalesces at home from abdominal surgery, even a temporary absence of the king from the public stage would put heavy pressure on the family’s skeleton crew of working royals.Princess Anne, left, during royal duties on Tuesday, giving an honor to Nicholas Spence, an operatic tenor.Yui Mok/Press Association, via Associated PressWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Rishi Sunak’s Challenge: Unifying the Party and Fixing the Economy

    The Conservative Party is fractured and Britain’s public finances are battered. That will test the political skills of a leader who has been involved in national politics for only seven years.LONDON — Rishi Sunak took over as Britain’s prime minister on Tuesday, the third in seven weeks, hoping to slow the revolving door at 10 Downing Street and restore stability to a government in turmoil.But as he assembled a cabinet and began to confront a grave economic crisis, Mr. Sunak faced formidable political challenges, for which analysts said his seven-year career in national politics had not fully prepared him. The swift, truncated nature of his election may further complicate his task.Having been elected with the votes of some 200 Conservative Party lawmakers, but not the party’s rank-and-file members, Mr. Sunak could have trouble claiming a mandate to lead a deeply fractured party, let alone the whole country. With his government forced into spending cuts and tax increases, he will have few resources with which to reward either his lawmakers or the public.“He’s inheriting a divided party with a large number of Conservative M.P.s and members who believe he has no legitimate mandate,” said Matthew Goodwin, a professor of politics at the University of Kent. “That’s compounded by the fact that the party is in a free-fall and it’s not clear it has a parachute.”And yet, on a day of now-familiar rituals, as Mr. Sunak, the fifth prime minister in six years, traveled to Buckingham Palace to be anointed by King Charles III, there was also a calm in British politics — something that had been missing since Boris Johnson’s chaotic departure this past summer.Much of that owed to the 42-year-old prime minister himself: His well-received address to the nation on Tuesday showed a degree of political awareness, conceding the mistakes of his predecessor, Liz Truss, and promising improvement, while also reaching out to her and Mr. Johnson.“I will place economic stability and confidence at the heart of this government’s agenda,” a somber and solitary Mr. Sunak said on Downing Street, after returning from the palace. “This will mean difficult decisions to come.”Mr. Sunak and King Charles III in Buckingham Palace on Tuesday.Pool photo by Aaron ChownHis decision to appear there without his wife or daughters, and to dispense with the cheering staff members that greeted Ms. Truss last month, lent his arrival a brisk, businesslike tone. It also underlined the contrast between Mr. Sunak and his predecessor, which he said would extend beyond optics.A former chancellor of the Exchequer, Mr. Sunak is expected to pull Britain back to more mainstream policies after Ms. Truss’s experiment in trickle-down economics, which rattled financial markets and badly damaged Britain’s fiscal reputation.More on the Political Turmoil in BritainMaking History: Rishi Sunak is the first person of color and the first Hindu to become prime minister of Britain — a milestone for a nation that is more and more ethnically diverse but also roiled by occasional anti-immigrant fervor.Economic Challenges: Sunak already has experience steering Britain’s public finances as chancellor of the Exchequer. That won’t make tackling the current crisis any easier.Political Primaries: Are primary elections of British leaders driving Britain’s dysfunction? The rise and fall of Liz Truss offers some lessons.Lifelong Allowance: As a former prime minister, Ms. Truss is eligible for a taxpayer-funded annual payout for the rest of her life. Some say she shouldn’t be allowed to receive it.“Mistakes were made,” Mr. Sunak said. “Not borne of ill will or bad intentions. Quite the opposite, in fact. But mistakes, nonetheless. And I have been elected as leader of my party, and your prime minister, in part, to fix them.”Mr. Sunak quickly set about selecting a cabinet remarkable for its familiar faces. He retained Jeremy Hunt, the chancellor whom Ms. Truss installed after ousting Kwasi Kwarteng, the architect of ill-fated tax cuts. Mr. Hunt, who has soothed the markets, is scheduled to present a more detailed fiscal plan on Oct. 31.Mr. Sunak also kept on Ben Wallace as defense secretary and James Cleverly as foreign secretary, even though both had backed Mr. Johnson over him in the leadership race. And he retained Penny Mordaunt, who mounted a spirited challenge to him in that contest, as leader of the House of Commons.It was a striking contrast to Ms. Truss, whose cabinet consisted almost entirely of people who had backed her for leader, and it seemed to signal a recognition by Mr. Sunak that he could not succeed by drawing dividing lines in the party.Clockwise from top left: Jeremy Hunt, Ben Wallace, Dominic Raab, Michael Gove, Suella Braverman, James Cleverly.AFP — Getty; EPA, via Shutterstock; EPA, via Shutterstock; EPA, via Shutterstock; AFP — Getty; AFP — GettyMost conspicuously, Mr. Sunak reappointed Suella Braverman as home secretary, a job she had been forced out of only a week ago, ostensibly because she breached security rules. Her appointment was a gesture to the Conservative Party’s right flank: Ms. Braverman is a hard-liner who wants to cut immigration numbers. She said her “dream” was to see flights deporting asylum seekers from Britain to Rwanda.Mr. Sunak did reward some loyalists, naming Dominic Raab, who campaigned faithfully for him, as deputy prime minister and justice minister, posts he held under Mr. Johnson.Ms. Truss made her own appearance at Downing Street in the morning with her family, after formally submitting her resignation to the king, just seven weeks after she had been anointed by his mother, Queen Elizabeth II, in one of her last official acts, two days before her death.In defiant, unapologetic farewell remarks, Ms. Truss took credit for protecting people from rising energy bills. Reiterating her belief in lower taxes and a fast-growing economy, she said, “I am more convinced than ever we need to be bold and confront the challenges that we face.”Taking a page from Mr. Johnson, who likened himself to the retiring fifth-century Roman politician Cincinnatus, Ms. Truss quoted the Roman philosopher Seneca: “It is not because things are difficult that we do not dare. It is because we do not dare that they are difficult.”Liz Truss after her farewell remarks on Downing Street on Tuesday.Justin Tallis/Agence France-Presse — Getty ImagesMs. Truss’s misfires have made Mr. Sunak’s job even more difficult. Britain’s straitened public finances and its higher borrowing costs — a consequence, in part, of rising interest rates in reaction to her policies — will require painful spending cuts. That will further test Mr. Sunak’s political skills. Last summer, he struggled to sell his tough-love message to party members, who preferred Ms. Truss’s supply-side remedies.“The ideological riddle that Sunak has to try to solve is how the Conservative Party, amid a profound and prolonged economic crisis, can reconnect with the voters it attracted after Brexit,” Professor Goodwin said.Mr. Sunak did reappoint Michael Gove, a seasoned minister, to a post overseeing efforts to “level up” struggling cities in the Midlands and north of England with more prosperous London. That is important to retaining working-class voters who propelled the Conservatives to their landslide general election victory in 2019.As chancellor, Mr. Sunak was lionized when he doled out billions of pounds to people who had lost their jobs because of the coronavirus pandemic. He sponsored another good-news program, “Eat Out to Help Out,” which subsidized meals at restaurants to revive the industry after lockdowns.But when it came to withdrawing those benefits and raising taxes, Mr. Sunak’s reputation unsurprisingly suffered. During his campaign against Ms. Truss, he struggled to stick to his message of fiscal conservatism. Under pressure from her promises of tax cuts, he said he would temporarily suspend the value-added tax, a sales tax, on energy bills — something that he had earlier rejected.“He doesn’t have a lot of what I’d call trench-fighting experience,” said Tim Bale, a professor of politics at Queen Mary University of London. “His progress through the party has been so rapid that he hasn’t spent years forging friendships with colleagues who’ve got his back come what may.”Mr. Sunak and his wife Akshata Murty at the British Asian Trust Reception at the British Museum in London, in February.Vickie Flores/EPA, via ShutterstockProfessor Bale said Mr. Sunak was also thin-skinned about criticism he faced last spring of his wife, Akshata Murty, the daughter of an Indian technology billionaire, for her privileged tax status. Her so-called non-domicile status allowed her to avoid paying taxes in Britain on millions of pounds of her global income (she eventually agreed to pay British taxes).While Mr. Sunak’s sensitive reaction to the attacks against his wife may have been understandable, he is likely to face many more of them in the coming months from an opposition Labour Party that will seize on his extreme wealth to paint him as out of touch with the anxieties of ordinary people.“They don’t care that he and his family are filthy rich,” Professor Bale said. “They do care they didn’t seem to be paying their fair share. That — and his heated outdoor swimming pool and his house in Santa Monica — is going to make it difficult for him to argue, ‘We’re all in this together.’”Political analysts said the sheer magnitude of Ms. Truss’s failure was Mr. Sunak’s biggest asset. The Conservatives are trailing Labour by more than 30 percentage points in some polls. Even those who ardently opposed Mr. Sunak recognize that he is likely their last hope of avoiding a general election rout that would sweep hundreds of Conservative lawmakers out of their seats.“His M.P.s have looked over the edge of the precipice and know that, unless they get behind the guy, who is basically their last chance, they’re heading for a huge fall,” Professor Bale said. “Basically, it’s Rishi or bust.”Mr. Sunak is Britain’s third prime minister in seven weeks. Hannah Mckay/Reuters More