Prince Charles to fund Prince Harry and his wife Meghan for a year

The Telegraph reports that the Prince of Wales is planning to review the Duke and Duchess of Sussex’s “abdication” deal within a year amid fears over the mounting costs of their proposed lifestyle.

While the couple have severed all official ties with the Royal Family, the Prince is to continue to offer “private financial support” to his son and his wife as they embark on a new independent life in Canada.

The substantial cash injection is expected to come from his own private investment income rather than revenue generated by the Duchy of Cornwall estate which has traditionally funded the heir to the throne and his two sons. However, a source close to the Prince of Wales suggested that this was not an inexhaustible source of funds.

See also: Prince Harry says no other option but to step back from royal role

As such, the Telegraph understands that any agreement reached concerning the Sussexes’ finances is being viewed strictly within the parameters of the initial one-year period before the family reconvenes to review the arrangement next spring. The warning was sounded as grave concerns were expressed over the couple’s security arrangements, which one well-placed source described as a “mess” which could cost millions.

Read more via The Telegraph