King Charles Expects Royals To Finance Their Own Homes In Upcoming Overhaul: Report
Some members of the Royal Family aren’t going to be enjoying the same sort of free ride they’ve become accustomed to, as King Charles is reportedly starting the process of modernizing the monarchy.As reported by the Evening Standard, King Charles is looking to slim down the monarchy’s finances and this includes eliminating subsidized rent and housing for working royals.Sources tell the news outlet that Prince Harry and Meghan Markle’s eviction from Frogmore Cottage earlier this month was the start of Charles’ five-year plan that will see the finances of the Royal Family streamlined through belt-tightening and cost-cutting.According to reports, following Charles’ coronation in May, two members of the palace staff — Vice-Admiral Sir Tony Johnstone-Burt, Master of the Household, and the Keeper of the Privy Purse Sir Michael Stevens — will begin looking at inefficiencies in what was described as a “top-heavy royal household.”This
