News

Crown Estate profits soar – but Wales sees little return, says MP

Published

1 year ago

February 12, 2025

THE LAND and sea assets in Pembrokeshire and Ceredigion are amongst the most lucrative of those owned by the Crown Estate.

In 2023, they helped accumulate a Welsh financial handover totalling £853m, resulting in a record net profit to the UK public finance coffers of £1.1billion. This represented a marked increase in Wales’ contribution, compared to its 2007 asset value of just £21.1m.

The escalation is being driven by the rising demand for renewable energy projects, and with the offshore investments that are currently taking place in seabed of south Pembrokeshire, Wales’ contribution to the Crown Estate looks set to soar even further

But how much of this contribution finds its way back to Wales? The answer, sadly, appears scant.

Instead of finding their way back to the Welsh public purse, profits generated from Wales’ green wealth are being distributed to the HM Treasury and the monarch’s Sovereign Grant, which funds a handful of senior members of the Royal family. In 2023-24, the sovereign grant amounted to £86.3m.

Now, in a bid to ensure greater transparency and a fairer financial management, pressure is being put on the Government to allow the Crown Estate to be devolved to Wales, putting it on equal footing with Scotland and Northern Ireland.

“The value of the Crown Estate in Pembrokeshire and Ceredigion is hugely significant,” commented Ben Lake, MP for Ceredigion and Preseli.

“The Crown Estate owns 65% of Wales’s foreshore and riverbeds, and more than 50,000 acres of land. And a considerable amount of this lies in the foreshores around south Pembrokeshire and the more rural areas of Ceredigion.

“Welsh County Councils, including Pembrokeshire and Ceredigion, are having to make payments to the Crown in leasing fees and in 2023, this sum was nearly £300.000 Yet this is happening at a time when local services in Wales are under severe pressure. It doesn’t strike me as fair that we have these significant natural assets which are generating significant amounts of profit, yet they’re not returning back to Wales.

“The UK government says it’s spending money here, but when it comes to the provision of health, education and social services, Wales only gets a Barnett formula of roughly just under 5%.”

In 2024, Scotland, which devolved from the Crown Estate in 2017, saw more than £100m enter its coffers as a result of its offshore energy.

“And the potential for Wales is just as significant,” said Ben Lake. “Engineers and experts are all pointing to the fact that the regeneration of renewable energy in Wales is going to be big and over the next ten years, the waters around Wales are going to see some of the biggest developments in offshore wind. But unless the Crown Estate is devolved, Wales is going to be severely shortchanged.”

The Crown Estate owns more than £603m of land in Wales which includes:

65% of Wales’ coast and riverbeds;

The seabed which extends up to 12 miles out to sea;
50,000 acres of land;
250,000 acres of mineral deposits and
All gold and silver deposits.

Last week Westminster blocked the transfer of Crown Estate management to the Welsh Government by voting down an amendment tabled by Plaid Cymru to the Crown Estate Bill.

The Liberal Democrats also tabled an amendment calling for Crown Estate assets to be handed to Wales. But both amendments were blocked by Labour MPs.

The stance contradicted recent comments from Wales’ First Minister, Baroness Eluned Morgan, who said she was “fighting very hard” for more control.

The Bill is expected to return to the House of Commons later this month for further debate and a bid to enforce a vote on the issue,

“Even if we’re able to get a small percentage of what Scotland is generating, Wales will be able to start investing in its public services given the acute pressures that are currently being placed on the NHS and the county councils,” concluded Ben Lake. “This will go a long way to alleviate the pressures they’re under.

“And further down the line, it’s possible that Wales could then start considering its own Wealth Fund, similar to what has happened in Norway as a result of its oil and gas licensing. Through its profits and interest, the Norwegian Wealth Fund has become one of the largest in the world. In 2024 it generated $220 billion to subsidise a significant amount into public services

“And Wales is no different.

“It’s now time for the money that’s being generated from Wales’ natural assets to come back for the benefit of the people who live here.”

Local Government

Milford Haven civic service marks start of mayoral year

Published

8 hours ago

June 21, 2026

Tom Sinclair

Mayor’s charities named as civic leaders gather at St Katharine and St Peter’s Church

THE CIVIC SERVICE of the Mayor of Milford Haven, Cllr Mark Woodward, took place at St Katharine and St Peter’s Church on Saturday (June 20).

The service marked Cllr Woodward’s election as Mayor and First Citizen of Milford Haven.

It was conducted by Rev Dr Adrian Furse and Canon John Cecil, with music from church organist Richard Stephens, Gelliswick Community Choir and Milford Haven Town Band.

Guides and Brownies, Milford Haven Sea Cadets and Royal Marines Cadets were also among those taking part, with councillors Colin Sharp and Yvonne Southwell acting as ushers.

Refreshments followed at Milford Haven Bowling Club.

Local MS Paul Davies was among those attending the service and wished the new mayor all the best for his term in office.

Cllr Woodward’s chosen charities for the year are Patch Charity and Greenacres Rescue.

Photo caption:

Civic guests attended the Mayor of Milford Haven’s service at St Katharine and St Peter’s Church on Saturday (Pic: Supplied)

Charity

Toy Story fans fill charity toy box at Haverfordwest cinema

Published

18 hours ago

June 20, 2026

Tom Sinclair

Donations pour in for SNAP Specialist Play as families embrace Toy Story 5 launch

A TOY STORY-themed charity appeal at a Haverfordwest cinema has got off to a flying start, with families donating toys to support children with additional needs across Pembrokeshire.

The Palace Cinema has teamed up with local charity SNAP Specialist Play to collect new and pre-loved toys during screenings of the newly released Toy Story 5.

The appeal centres around an “Andy’s Toys” donation box, inspired by the beloved Pixar films, which has already been filled by generous filmgoers.

***Toy Story magic: The Palace Cinema foyer has been transformed with themed decorations to celebrate the film’s release***

Cinema manager Hannah Cramp said the response from the community had exceeded expectations.

Families attending opening screenings have arrived carrying bags of toys, with many children keen to share their own treasured items to help others.

The cinema has transformed its foyer into a colourful Toy Story-themed experience, complete with hand-painted decorations, character silhouettes, bunting and famous film slogans including “Reach for the Sky” and “To Infinity and Beyond”.

Many visitors have also embraced the spirit of the occasion by attending in costume as their favourite Toy Story characters.

***Specialist support: SNAP’s sensory facilities help children with additional needs learn and develop through play***

The toys are being donated to SNAP Specialist Play, a charity based within the Child Health Department at Withybush Hospital.

SNAP supports pre-school children with additional and complex needs through specialist play sessions designed to encourage communication, physical development and sensory learning.

Its facilities include sensory rooms, therapeutic play spaces and bespoke equipment used by speech and language therapists, occupational therapists and physiotherapists.

Project manager Cindy Jenkins said the charity was delighted by the partnership and grateful for the generosity shown by local families.

She said every toy donated would be put to good use, either during specialist play sessions, at family events, or through seasonal initiatives such as Christmas gift boxes for children and their siblings.

The appeal will continue until mid-July, with organisers hopeful that even more donations will be received over the coming weeks.

Anyone attending Toy Story 5 at the Palace Cinema is invited to bring along a new or good-quality pre-loved toy to support the appeal.

Cover photo:

Fancy dress fun: Palace Cinema manager Hannah Cramp helping launch the Toy Story charity appeal.

Health

Medicine shortages now ‘most severe on record’, health leaders warn

Published

18 hours ago

June 20, 2026

Tom Sinclair

PATIENTS are facing some of the worst medicine shortages ever seen in the UK, with pharmacists warning the situation now poses a serious risk to safety.

The National Pharmacy Association said shortages affecting commonly used medicines are becoming more frequent, lasting longer, and causing increasing disruption for patients, GP surgeries and pharmacies.

The warning comes as Serious Shortage Protocols for Creon, used by people with pancreatic cancer and cystic fibrosis to help digest food, have been in place since May 2024 and have now been extended until July 10, 2026.

HRT treatment Estradot has also been under a Serious Shortage Protocol since December 2024, with the current extension also running until July 10.

Patients travelling between pharmacies

A survey by the National Pharmacy Association found that 98 per cent of pharmacies had encountered patients who had visited several pharmacies in one day to find a prescription.

It also found that 96 per cent of pharmacies believed the current situation posed a serious risk to patient safety, while 89 per cent said they had been unable to dispense a medicine at least once a day because of supply problems.

Some pharmacy teams have also faced anger and abuse from patients unable to obtain medication.

Olivier Picard, Chair of the National Pharmacy Association, said: “Medicine shortages are becoming more frequent, lasting longer and causing increasing disruption for patients.

“These shortages are some of most severe the UK has experienced.

“It is deeply distressing to find patients who have travelled from pharmacy to pharmacy to find the medicines they need without success.”

Calls for urgent taskforce

The NPA is calling on the government to convene an emergency taskforce involving manufacturers, wholesalers, clinicians and pharmacists.

It also wants changes to rules which currently stop pharmacists from making simple substitutions, such as changing a tablet to a capsule or a cream to an ointment, even where a safe alternative is available.

Professor Victoria Tzortziou Brown, President of the Royal College of GPs, said medicine shortages were frustrating for patients, GPs and pharmacists, and added pressure to already stretched services.

She said the College supported pharmacists being able to make limited changes to prescriptions where a medicine is unavailable and a safe alternative exists.

She added: “The most important thing is that patients are able to access the medication they need safely and without delay.”

The Cystic Fibrosis Trust and Pancreatic Cancer UK have also raised concerns about the impact of shortages of pancreatic enzyme replacement therapy, including Creon, on people who rely on the medication to digest food, maintain weight and stay well enough for treatment.