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
Maltese businessman Yorgen Fenech, who was accused of commissioning the murder of investigative journalist Daphne Caruana Galizia, was acquitted on Wednesday at the end of a two-month t...
Malta Public Transport has launched its Back to School campaign, offering eligible students the opportunity to register for a personalised Tallinja card free of charge, including postage...
Updated 1200
Fiscal Council Warns Malta’s Deficit Could Exceed Government Forecast: The Malta Fiscal Advisory Council has warned that Malta’s public finances face a heightened risk of...
Updated 1200
Malta Economy Shows Modest July Improvement as Tourism and Lending Support Growth: Malta’s economic activity improved slightly in July but remained marginally below its l...
The European Commission has unveiled an ambitious package of tax reforms aimed at simplifying tax rules across the European Union, reducing compliance burdens for businesses and strength...
The European Union's new Migration and Asylum Pact enters into force on 12 June, ushering in the most significant reform of the bloc's migration framework in years and placing renewed em...
Malta Public Transport has launched its Back to School campaign, offering eligible students the opportunity to register for a personalised Tallinja card free of charge, including postage...
Uber Technologies will cut 3,300 jobs, or roughly 10% of its global workforce, as part of an overhaul, as it looks to reduce the number of managers, the company said on Wednesday.
...
Artificial intelligence has already transformed industries such as finance and education, but one of its most important tests may come in medicine: discovering new drugs.
Pharmaceutic...
Malta’s new pay transparency regulations, which came into effect on the 5th of June, aim to strengthen fairness and equality in the workplace, but employers are warning that the rushed i...
Malta Public Transport has launched its Back to School campaign, offering eligible students the opportunity to register for a personalised Tallinja card free of charge, including postage...
The autonomous bus project in Gozo commenced its public testing phase after the completion of the commissioning phase, marking another important milestone in the rollout of this innovati...
President Donald Trump announced late Saturday that he had called off planned U.S. strikes on Iran, saying renewed negotiations had raised hopes of easing the conflict and reopening ship...
Gulf states have backed a proposal aimed at reducing disruption to global oil trade by allowing Iran to collect voluntary fees from ships using the Strait of Hormuz, according to sources...
At least 32 people have been killed and more than 700 injured after two powerful earthquakes — measuring 7.2 and 7.5 — struck central Venezuela seconds apart, causing widespread destruct...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
Ukraine wants peace but will not just give in to Russia at any price, President Volodymyr Zelenskiy said on Monday in a defiant speech marking Independence Day celebrations.
British...
Russia is open to listening to new proposals on how to reach a settlement on the Ukraine conflict, a senior Russian diplomat said, but any proposals should reflect the "realities on the...
