Fresh calls have being made for powers over the management of the Crown Estate to be devolved to Wales following the revelation that its asset value amounted to a staggering £853m last year.

"*Profits made from Wales’ natural resources should be kept in Wales to boost our economy, not that of the UK Treasury. It should be as simple as that.

It’s the case in Scotland, where those powers have been transferred and the revenue from Scottish assets now go straight to the Scottish Government.*"