More inaccuracies over the Crown Estate

In an article about marine energey in the Sunday Times business section titled “Alex Salmond’s bid to rule the waves”, Jane Bradley writes the following.

According to Alex Salmond, Scotland’s first minister, this is the first step in a plan that could turn Scotland into the “Saudi Arabia of marine energy”. Salmond, who is running the scheme in league with the Crown Estate, which owns the first 12 miles of seabed round the British coast, is determined to take bold steps to achieve his targets.

Wrong. The Crown Estate owns nothing (see March 18th) – it is a bundle of property rights. We, the Scottish public own the seabed and Alex Salmond is giving it away….