The surprise announcement came amid growing pressure on the king over the Duchy of Lancaster’s use of funds collected from people who die in the northwest of England with no will or next of kin.
Last week, the Guardian revealed some of the funds were secretly being used to renovate properties that are owned by the king and rented out for profit by his estate. The duchy conceded that some bona vacantia revenues are financing the restoration of what it calls “public and historic properties”. However, the king’s estate has also been battling separate questions over its management of another portion of bona vacantia funds that are given to its charities.
Two of those charities have used bona vacantia to build endowment funds worth more than £40m. Their accounts state there are “no specific constraints on the investment portfolio in terms of ethical, social or environmental (ESG) matters”, although investment managers are advised to take such matters “into consideration”.
هذه القصة مأخوذة من طبعة December 01, 2023 من The Guardian Weekly.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 01, 2023 من The Guardian Weekly.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
The Saudi football World Cup is an act of violence and disdain
Well, that's that then. In the event there were only two notes of jeopardy around Fifa's extraordinary virtual congress last week to announce the winning mono-bids, the vote without a vote, for the right to host the 2030 and 2034 football World Cups.
AI has made the move into video and it's worryingly plausible
I recently had the opportunity to see a demo of Sora, OpenAI's video generation tool, which was released in the US last Monday, and it was so impressive it made me worried for the future.
With tyrant Assad ousted, Syrians deserve support and hope
Last week, time collapsed. Bashar al-Assad's fall recalled scenes across the region from the start of the Arab spring almost 14 years ago. Suddenly history felt vivid, its memories sharpened. In fact it no longer felt like history.
TV
The Guardian Weekly team reveals our small-screen picks of the year, from the underground vaults of post-apocalyptic Fallout to the mile-high escapism of Rivals
Albums
Murky love stories, nostalgic pop and an in-your-face masterpiece captured our critics' ears in 2024
Film
Visual language, sound, light and rhythm are to the fore in the best movies of the year
Hidden delights Our 24 travel finds of 2024
Guardian travel writers share their discoveries of the year, from Læsø to Lazio
'It's really a disaster' The fight to save lives as gang war consumes capital
Dr James Gana stepped out on to the balcony of his hospital overlooking a city under siege. \"There's a sensation of 'What's next?'. Desperation is definitely present,\" the Médecins Sans Frontières (MSF) medic said, as he stared down at one of scores of camps for displaced Haitians in their country's violence-plagued capital.
Trailblazers The inspiring people we met around the world this year
From an exuberant mountaineer to a woman defiantly facing the guns of war, here are some of the brave individuals who gave us hope in a tumultuous 2024
Votes of confidence
From India to Venezuela and Senegal to the US, more people voted this year than ever before, with over 80 elections across the world. With rising authoritarianism and citizen-led resistance revealing its vulnerabilities and resilience in the face of unprecedented challenges, has democracy reached its breaking or turning point?
