Who owns what among top UK feudal types
Tony Gosling
tony at cultureshop.org.uk
Sun May 27 20:22:49 BST 2012
Minus the Queen - but a groovy graphic I think you'll agree
Emacs!
Look who owns Britain: A third of the country STILL belongs to the aristocracy
http://www.dailymail.co.uk/news/article-1328270/A-Britain-STILL-belongs-aristocracy.html
By Tamara Cohen - 10 November 2010 - Daily Mail
More than a third of Britains land is still in
the hands of a tiny group of aristocrats,
according to the most extensive ownership survey in nearly 140 years.
In a shock to those who believed the landed
gentry were a dying breed, blue-blooded owners
still control vast swathes of the country within their inherited estates.
A group of 36,000 individuals only 0.6 per cent
of the population own 50 per cent of rural land.
Their assets account for 20million out of
Britains 60million acres of land, and the
researchers estimate that the vast majority is
actually owned by a wealthy core of just 1,200 aristocrats and their relatives.
The top ten individual biggest owners control a
staggering total of more than a million acres between them.
These figures have been uncovered by the Who
Owns Britain? report by Country Life Magazine,
thought to be the most extensive survey of its type undertaken since 1872.
The top private landowner, not just in Britain
but Europe, is the Duke of Buccleuch and
Queensbury, whose four sumptuous estates cover
240,000 acres in England and Scotland.
But while his land is the most vast, it is not
the most valuable, as the net worth depends on
how much is farmland, as well as the value of the
property and sporting and heritage activities on it.
The most valuable land belongs to Number 4 on the
list, the Duke of Westminster, whose Grosvenor
Estate, worth a whopping £6billion, takes in the
wealthiest areas of London, including Belgravia and Mayfair.
Second on the list of the most land owned is
Scottish magnate the Duke of Atholl.
His 145,700 acres have pushed Prince Charles, who
as Duke of Cornwall has 133,000 acres, into third
place on the list of individual owners.
Yet all are dwarfed by the incredible reach of
corporate land-ownership, which barely existed 100 years ago.
As the biggest 19th-century landowners such as
the Church have been sidelined by economic and
social changes, their land has been snapped up by
the state, charities and the private sector.
More than 2.5million acres 4 per cent of the
country is in the hands of the Government-run
Forestry Commission, which the Coalition plans to
privatise. Second on the list is the
fast-expanding National Trust, with 630,000 acres.
PS Three other big landowners you might not expect ...
PENSION FUNDS: 550,000 acres
Many of the UK's 2,800-plus funds have invested
in land for centuries and snapped up struggling farms in the 1980s
THE RSPB: 321, 237 acres
The Royal Society for the Protection of Birds
owns 200 reserves and its landholding has rocketed in the past ten years.
DEFENCE ESTATES: 592,000 acres
Over two-thirds of land owned by the MoD's
property arm is used for training. It also owns
50,000 service personnel homes, and 800 listed buildings
Catching up swiftly are foreign investors and even supermarkets.
Waitrose owns a 4,000-acre estate in Hampshire,
which it runs as a farm, while Tescos 2,545 stores alone take up 770 acres.
Most of the reports information has been
uncovered only in the past five years after a
registration campaign targeting huge landowners
who had previously avoided disclosing their assets.
The reports author, Kevin Cahill, who has been
researching land ownership for ten years, told
the Daily Mail: A small minority still own a
huge amount of Britains land and what surprises
many people is that over the last 100 years, not a lot has changed.
For the rich the pursuit of land is as important
as its ever been. They receive subsidies and
most of their assets are held in trust, avoiding inheritance tax.
The biggest change in land ownership in the past
100 years is that people who live in cities now
finance the countryside whereas it used to be the other way around.
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