"The former Duke of York is in line to receive a large one-off payment and an annual stipend designed to prevent him overspending in his new life as a commoner, the Guardian understands. One option for a relocation settlement, as the king strives for a once and for all solution to the problem of Andrew Mountbatten Windsor, includes an initial six-figure sum to cover his move from Royal Lodge in Windsor to private accommodation in Sandringham, Norfolk."
"Now stripped of his titles including prince and HRH, Mountbatten Windsor was struck from the official roll of the peerage just hours after Buckingham Palace announced the formal process had been initiated. A palace statement on Thursday said the king had started the formal process to remove the style, titles and honours of Prince Andrew and that formal notice has now been served to surrender the lease on Royal Lodge."
An option for a relocation settlement includes an initial six-figure payment to cover a move from Royal Lodge in Windsor to private accommodation in Sandringham, Norfolk, followed by an annuity paid from the king’s private funds. The annuity is expected to be several times Mountbatten Windsor’s £20,000-a-year navy pension. Talks on the package are ongoing. Mountbatten Windsor has been stripped of titles including prince and HRH and removed from the official roll of the peerage, and formal notice has been served to surrender the Royal Lodge lease. The prime minister supports the king’s decision and the royal statement expressed sympathy with victims and survivors.
Read at www.theguardian.com
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