Market
What change will be announced in the lease terms for HMP Dartmoor by end of 2025?
3
Resolution / Starting Odds
Lease terms reduced • 25%
Lease terms extended • 25%
Lease terms remain the same • 25%
Lease terminated • 25%
Official announcements from the UK government or Duchy of Cornwall
Story
Prince William to Receive £1.5 Million Annually from Closed HMP Dartmoor, Which Has 24 Years Left on Lease
Jan 19, 2025, 06:33 AM
The Prince of Wales, Prince William, is set to receive millions of pounds from the taxpayer for HMP Dartmoor, a prison that closed in August 2024 due to toxic gas fears. Despite its closure, the prison, which has 24 years remaining on its lease, incurs a cost of £1.5 million annually to the Duchy of Cornwall, which Prince William oversees. The facility is reported to be rat-infested and may never reopen, raising concerns about the financial implications for taxpayers, who are also responsible for the prison's upkeep costs. The situation has prompted discussions about the government's oversight of such arrangements.
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