King Charles Cuts Financial Ties with Prince Andrew: New Biography Reveals Shifts in Royal Finances

King Charles Cuts Financial Ties with Prince Andrew: New Biography Reveals Shifts in Royal Finances

In a significant turn of events, King Charles has reportedly severed financial ties with his brother, Prince Andrew, as detailed in the updated biography, Charles III: New King, New Court, The Inside Story, by acclaimed royal biographer Robert Hardman. The book, which is set to be released in paperback on November 7, includes new insights revealing that the Duke of York is “no longer a financial burden” on the monarchy.

A Major Shift in Royal Finances

According to reports from MailOnline, King Charles has taken decisive action to cut financial support to Andrew, including the removal of his annual allowance and ceasing payments for his personal security. This move follows a pattern of distancing from royal expenses associated with Andrew, who lost publicly funded police protection in 2022 and has since faced a shift in his security arrangements.

In August, The Sun reported that Prince Andrew’s private security team had been informed their services would no longer be needed starting in November, marking a clear shift in how the royal family supports him.

Pressure to Vacate Royal Lodge

Amid these financial adjustments, King Charles has also urged Andrew to vacate Royal Lodge, with reports indicating that Andrew has rejected offers to relocate to Frogmore Cottage. The Duke of York has been under pressure to move out after the King neglected to continue paying the £500,000 annual maintenance for the property, leading to significant deterioration issues.

Prince Andrew currently resides at Royal Lodge with his ex-wife, Sarah Ferguson, and their two daughters, Princess Beatrice and Princess Eugenie. Under the terms of a 73-year lease signed with the Crown Estate in 2003, Andrew is responsible for the upkeep of the estate, including repairs and renovations.

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Sarah Ferguson Responds to Relocation Rumors

Amidst speculation regarding their living arrangements, Sarah Ferguson has publicly dismissed rumors that she and Andrew are under pressure to leave their home. Responding to inquiries about their potential move to Frogmore Cottage, Sarah advised, “Don’t always believe what you read,” highlighting her desire to quell the gossip surrounding their situation.

Royal Lodge is a historical property situated on the Windsor Estate, covering 98 acres. Since the passing of Queen Elizabeth II in 2022, the estate has fallen under King Charles’s jurisdiction.

Robert Hardman’s biography, which initially released earlier this year, is set to include these new revelations about the evolving dynamics within the royal family and the financial implications of King Charles’s reign. As the monarchy continues to navigate these challenges, the story of Prince Andrew’s financial independence remains a focal point in royal discourse.

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