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Clarence House response to story in The Times about The Prince’s Charities finances – 10th September 2010

10th September 2010

Clarence House has issued the following statement regarding the story about the finances of The Prince’s Charities in The Times today (Friday 10th September):

“It is completely wrong to say that The Prince’s Charities face “turmoil”. The story is based on a financial snapshot taken at a particularly difficult economic time a year or so ago when many charities were finding it tough. The Prince’s Charities as a group are in solid financial health and they continue to deliver crucial services and support to people at home and abroad.

As for the social enterprises, as a group they are making more money than ever before. Duchy Originals is having its best year on record and the Highgrove shops, which generate hundreds of thousands of pounds for charity, are going from strength to strength.”