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King Charles cuts Prince Andrew’s annual allowance, security: book
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King Charles cuts Prince Andrew’s annual allowance, security: book

king charles He is cutting some important financial ties with his brother Prince Andrewsays a new book.

In an updated version of his book, Charles III: new king. New Court. The inside storyAuthor Robert Hardman writes that the king ordered the keeper of the privy purse to withdraw Prince Andrew’s £1 million annual personal allowance and to stop paying for his personal security, according to a extract covered by The daily mail.

The allowance is equivalent to $1.3 million, and Prince Andrew’s personal security team also amounted to seven figures, according to the outlet. A source said, according to The daily mail, that Prince Andrew “was no longer a financial burden to the king.”

Buckingham Palace did not immediately respond to PEOPLE’s request for comment.

Prince Andrew and King Charles attend a Thanksgiving service to celebrate Queen Elizabeth II’s Diamond Jubilee on June 5, 2012 in London, England.

Max Mumby/Indigo/Getty


According to the outlet, Hardman’s biography of the King will be published with three new chapters on November 7. They are expected to include additional information about King Charles’ relationship with the Duke of York after ascending the throne.

In the updated book, Hardman writes that Prince Andrew must now pay for the protection of historic art, furniture from the Royal Collection and various antiques after he reportedly did not accept a proposal to move from the Royal Lodge in Windsor to the ” considerably smaller property.” “from Frogmore Cottage, The daily mail reported. (The residence, which is located about three miles away from Royal Lodge, is the former home of prince harry and Meghan Marklewho had been asked to vacate in 2023).

Prince Andrew has a lease with the Royal Lodge, which he moved into in 2003 and spent more than $9 million on repairs and renovations, according to The times. The Duke of York paid more than $1 million to take over the property, according to the outlet, and pays an annual rent of about $337,000.

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“The duke had certainly fared better than expected since his brother succeeded to the throne,” Hardman writes in the excerpt from the new book, according to The daily mail. “He continued to enjoy access to the Windsor facilities and a living allowance which, according to a well-documented newspaper article, amounted to £1 million a year.”

“The cost of the private security contract to protect the property, which lies outside the Windsor cordon, amounted to what one informant called ‘a substantial seven-figure sum annually.’ In August it was widely reported (and not discussed) that King was no longer willing to renew that contract beyond the fall of 2024,” he continues.

According to the extract, the Duke of York could “find the private security bill prohibitive” if it had become his responsibility. It was added that if he had continued to reside at the Royal Lodge in Windsor and had rejected “the king’s offer of Frogmore Cottage”, then he was told that King Charles “would not feel obliged to continue paying even his daily subsistence allowance”. “.

“At the end of summer this year, patience ran out,” Hardman wrote, according to The daily mail.

“The duke informed the monarch that, regardless of any ultimatum, he would still remain at the Royal Lodge,” he added. “At that time, the Keeper of the Privy Purse (the monarchy’s chief financial officer) was instructed to cut his subsistence allowance.”

Citing sources, the author also wrote that the outcome of the ordeal has been “a mixed blessing” as the matter is “resolved.” Still, he said Prince Andrew’s stance has “further soured family relations.”

Prince Andrew in February 2024.

Chris Jackson/Getty


the sun reported in August that King Charles did not renew Prince Andrew’s security team for when his contract expired this fall. According to the outlet, he had been paying for Prince Andrew’s security at Royal Lodge after Prince Andrew lost his police protection in 2022.

The issuance of a 2019 news night interview with Prince Andrew withdraw from public dutiesbefore the late queen elizabeth stripped his son of his military titles and sponsorships amid Virginia Guiffre’s civil sexual assault lawsuit. legal action It has since been resolved. and Prince Andrew has repeatedly denied any wrongdoing.

the sun and The times reported at the time that security was estimated to cost King Charles almost $4 million a year.

A source previously said The times that Andrew “is taking longer than desirable to recognize the reality of the situation, even though it is clearly the most sensible course of action,” regarding a relocation.