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VisitWhat type of financial policy will King Charles implement by the end of 2024?
Complete overhaul of royal finances • 25%
Minor adjustments • 25%
No changes implemented • 25%
Introduction of new financial transparency measures • 25%
Official announcements or policy documents from the Royal Family
King Charles Severed Prince Andrew's £1 Million Annual Allowance Amid Financial Burden and Ongoing Royal Feud
Nov 1, 2024, 05:36 PM
King Charles has officially terminated Prince Andrew's annual allowance of £1 million, marking a significant shift in their relationship amid ongoing tensions within the royal family. This decision comes as King Charles seeks to address the financial burdens associated with Prince Andrew, who has faced scrutiny and controversy in recent years. The move is seen as a decisive step in the ongoing royal feud, with the allowance cut being described as a 'brutal blow' to the Duke of York. Reports indicate that this decision was made in recent weeks as part of a broader effort by the King to streamline royal finances and reduce expenditures.
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