§ Mr. CarmichaelTo ask the Chancellor of the Exchequer how much revenue has been received by the Treasury from rents paid for use of the Crown Estate's570W seabed in each year since 1973; and how much the Crown Estate has invested in marine research in each of those years. [113935]
§ John HealeyThe overall net revenue surplus of The Crown Estate is surrendered to the Exchequer. This payment is not subdivided by the individual constituents of the Estate's property holdings. Figures for the gross surpluses from the operations of the different components of The Crown Estate are set out in the organisation's annual report which is available in the Library of the House.
Since 1985 The Crown Estate has invested around £3.7 million in marine related research into areas such as fish farming and the environmental impact of dredging. A breakdown of the figures is as follows:
£000 1985 56 1986 67 1987 71 1988 75 1989 100 1990 124 1991 425 1992 192 1993 208 1994 189 1995 228 1996 287 1997 383 1998 284 1999 304 2000 303 2001 164 2002 241