King Charles III has made a firm decision to scrap the €1.2 million annual allowance formerly given to his brother, Prince Andrew. This measure was revealed as part of the reissue of a book describing the life of the king, “Charles III: New King. New Court. The Inside Story. The author, Robert Hardman, highlights the widening distance between the royally connected brothers.
One of the reasons for this important measure, according to Robert Hardman, lies in the need to reduce the monarchy’s expenses. King Charles explicitly asked the Crown’s financial director, the Keeper of the Privy Purse, to cease these personal financial payments to the Duke of York. These funds were estimated at £1 million per year, or around €1.2 million.
Alongside the removal of this allowance, the king also decided to cut off funding for Prince Andrew’s private security, a seemingly significant expense for the royal finances. A source cited by the Daily Mail claimed that “The duke is no longer a financial burden on the king.”
This decision comes against a backdrop of increased pressure from Charles III for Prince Andrew to leave his residence at the Royal Lodge in Windsor, a vast 30-room residence. Despite these pressures, Andrew has not yet agreed to move to Frogmore Cottage, the former residence of Prince Harry and Meghan Markle.
