Prince Andrew’s “£1million-a-year” allowance has been finally axed by King Charles in a brutal blow, sources have claimed.
An updated biography by royal commentator Robert Hardman has alleged that in recent weeks, the monarch instructed his Keeper of the Privy Purse, the monarchy’s finance director, to sever the Duke of York’s annual personal allowance.
This is believed to be in the region of £1million a year.
In addition, the King, 75, is thought to be no longer paying for Andrew’s seven-figure private security detail.
Prince Andrew’s ‘£1million-a-year’ allowance finally axed by King Charles in brutal blow
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A source told The Mail: “The duke is no longer a financial burden on the King.”
The King is also understood to want Prince Andrew, 64, to move out of his home at Royal Lodge.
Hardman additionally claimed that Queen Elizabeth II would have likely forced the Duke of York to downsize and move to Frogmore Cottage, the former home of Prince Harry and Meghan Markle.
Andrew has not received an income since he stepped down as a working royal, after discussing his friendship with the late paedophile Jeffrey Epstein during his 2019 Newsnight interview.
Prince Andrew has lived at Royal Lodge since 2003GettyKing Charles has been funding the duke’s security, as well as providing him with a hefty allowance.
An updated edition of Hardman’s best-selling biography, Charles III: New King. New Court. The Inside Story, which was published earlier this year, is now being brought out in hardback with three new chapters.
GB News has contacted Buckingham Palace for comment.
In August this year, it was reported the monarch had laid off Andrew’s 10-strong private security detail.
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A Palace insider told The Sun: “Everyone is speculating this means the duke will have to leave the Royal Lodge.
“What other reason could there be to take his security away?
“They are all working the final weeks of their contract till the end of October.
“It’s not thought anyone is being lined up to replace them. It isn’t a secret that the King wants him out.”