King Charles III has implemented significant spending cuts across the royal family to streamline expenses and respond to public scrutiny over royal finances.
His austerity measures included reducing the annual Sovereign Grant by millions, cutting back on the lavish refurbishment projects like Buckingham Palace’s extensive renovations, and trimming royal household staff and residences' upkeep budgets.
One of the most contentious elements of these cuts was the reduction of financial allowances to members of the royal family, including Prince Andrew and Sarah Ferguson. Reports indicate that this led to Prince Andrew and Sarah Ferguson receiving a final payout that was six figures less than expected, prompting anger and frustration from them. This financial tightening aligns with King Charles' vision of a "slimmed-down" monarchy focused on sustainability and fiscal responsibility.
Andrew's previous costly legal issues and the desire to avoid additional scandals likely influenced Charles' decision. This spending cut has caused open rifts within the family, with Andrew and Ferguson reportedly furious over the loss of income and perceived treatment.