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Tuesday, Dec 10, 2024

King Charles Cuts Prince Andrew's Financial Support

Royal Biography Reveals End of Security and Allowance for Duke of York
Prince Andrew, the Duke of York, has reportedly been cut off financially by his brother, King Charles.

According to an updated royal biography by Robert Hardman, the King has decided to stop covering the security costs and personal allowance for Prince Andrew's residence at Royal Lodge in Windsor.

These expenses are said to amount to several million pounds annually.

The biography claims that the Keeper of the Privy Purse has been instructed to cease these payments.

Buckingham Palace has declined to comment on these assertions, which are being published in the Daily Mail.

This move follows ongoing discussions about Prince Andrew's future accommodation and finances, which predate King Charles's reign.

It is suggested that a final decision has been made to stop subsidizing Prince Andrew indefinitely.

Prince Andrew, who lacks an official spokesperson, has not publicly responded to these claims.

The financial strain coincides with new films released by Netflix and Amazon about his 2019 BBC Newsnight interview concerning his associations with Jeffrey Epstein.

After stepping down as a working royal, Prince Andrew lost his military titles and now lives a private life.

His current residence, the 30-room Royal Lodge, is a 19th-century listed building leased from the Crown Estate, with a personal lease extending until 2078.

Despite having paid significant upfront costs to reduce long-term expenses, the ongoing maintenance and security costs remain high.

An alternative, Frogmore Cottage, has been suggested, offering lower maintenance expenses if the prince opts to change residences.

Robert Hardman's book, 'Charles III: New King.

New Court.

The Inside Story,' elaborates on these claims and will be released by Macmillan on November 7.
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