26/06/2006
Six per cent rise in income for Prince Charles
The Prince of Wales's private income increased by 6% to more than £14 million last year, according to Clarence House accounts.
The rise in the 2005-06 fiscal year was attributed to commercial property rent reviews and increased investment income, the Duchy of Cornwall accounts revealed.
The annual review also showed that Prince Charles helped to raise around £110 million for his 16 main charities during the year.
Duchy Originals, the Prince's organic and natural foods and products company, also made a profit of more than £1 million for third consecutive year, on increased retail sales of £46 million. All of the profits are donated to the Prince's Charities Foundation.
The Prince's private income is spent on fulfilling his official duties as well as personal expenditure, which includes money for his wife, the Duchess of Cornwall and his sons Princes William and Harry.
Neither the Prince of Wales nor the Duchess of Cornwall receive a Civil List or a Parliamentary Annuity.
(KMcA/CD)
The rise in the 2005-06 fiscal year was attributed to commercial property rent reviews and increased investment income, the Duchy of Cornwall accounts revealed.
The annual review also showed that Prince Charles helped to raise around £110 million for his 16 main charities during the year.
Duchy Originals, the Prince's organic and natural foods and products company, also made a profit of more than £1 million for third consecutive year, on increased retail sales of £46 million. All of the profits are donated to the Prince's Charities Foundation.
The Prince's private income is spent on fulfilling his official duties as well as personal expenditure, which includes money for his wife, the Duchess of Cornwall and his sons Princes William and Harry.
Neither the Prince of Wales nor the Duchess of Cornwall receive a Civil List or a Parliamentary Annuity.
(KMcA/CD)
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Basic income tax rate cut in Brown's eleventh budget
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Basic income tax rate cut in Brown's eleventh budget
Chancellor Gordon Brown has announced a 2% cut in the basic income tax rate from April 2008 in his eleventh Budget. However, he has also scrapped the 10p lower band, which has prompted critics to claim that most people will not be any better off. The Chancellor also announced that corporation tax would be reduced from 30p to 28p.
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13 June 2006
Two appear in court over teenager stabbing
Two brothers have appeared in court charged with the murder of a teenager who was stabbed to death in south London last week. Fifteen-year-old Alex Mulumbo was stabbed to death in Black Prince Road in Lambeth last Thursday. A post-mortem revealed that Alex, who was originally from Zaire, had died from a single stab wound to the heart.
Two appear in court over teenager stabbing
Two brothers have appeared in court charged with the murder of a teenager who was stabbed to death in south London last week. Fifteen-year-old Alex Mulumbo was stabbed to death in Black Prince Road in Lambeth last Thursday. A post-mortem revealed that Alex, who was originally from Zaire, had died from a single stab wound to the heart.
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