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Tuesday July 1, 2008

Charles fuels Aston Martin on wine

Reports today reveal that the Prince of Wales has upped the income of his Duchy of Cornwall estate last year to £1.1m (total: £16.3m). Perhaps this is why he has chosen to crown the news by revealing that he runs his treasured 38-year-old Aston Martin, a 21st birthday present from the Queen, on fuel made from English wine.

The Prince sources the biofuel for the Aston from Greenfuels, a supplier based in Stonehouse, Gloucestershire. James Hygate, its managing director, said that the biethanol that powers the car is manufactured from cheese as well as surplus white wine supplied by a vineyard in Wiltshire.

The Duchy of Cornwall estate is certainly a nice little earner. This year the Prince's income from various businesses related to it, which include after-dinner mints, biscuits and gardening tools, increased to £16.3 million. Even better, despite the seven per cent rise in profits, the Prince's tax bill fell by £5,000 due to the off-setting of costs for official and charitable works.

FIRST POSTED JULY 1, 2008

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