00:00The Crown Estate makes up a massive amount of land all across Wales and brings in a significant
00:07revenue for the Treasury and the King. It's officially owned by the Monarch but can't
00:11be sold by them and is managed by the Crown Estate Commissioners across England, Wales
00:15and Northern Ireland, but there have been calls to devolve the issue to the Welsh Government.
00:19It happened in Scotland in 2017, so now they're in charge of what happens to the Crown Estate,
00:24bringing in millions of pounds for the country. But there have been some confusion over whether
00:28the same discussions have taken place in Wales. The First Minister, Eluned Morgan, has said
00:33that she's had conversations about devolving the Crown Estate, saying that she's said she's
00:37brought it up with the Chancellor, Rachel Reeves, but Plaid Cymru says that's not the
00:41same thing as official discussions with the UK Government. UK Treasury Minister Darren
00:45Jones, who's the Minister who oversees the Crown Estate, has said that no such discussions
00:50have taken place. The Crown Estate in Wales is worth over £600 million and makes up almost
00:55two-thirds of the seabed around the country.
Comments