King Charles to divert Crown Estate windfall to 'public good'- PublishedKing Charles has asked for a surge in profits from six new offshore wind farms on the Crown Estate, worth £1bn, to be used for the "wider public good", rather than the Royal Family.In his Christmas message, King Charles highlighted the pressures of the cost-of-living crisis - and he seems to be taking action to avoid what could have been an awkward surge in income for the royals.The Crown Estate is an independently-run, commercial business, whose profits go to the Treasury - but those profits are used as the benchmark for the level of public funding for the Royal Family, known as the Sovereign Grant, which last year was worth £86.3m.This would have produced a very significant increase in the amount going into the Sovereign Grant, which could have proved embarrassing against a backdrop of financial pressures on the public.At present, the Sovereign Grant is based on 25% of Crown Estate profits - a temporary increase on the usual 15% - with the extra funding used for repairs and renovations for Buckingham Palace."