US
Prince Andrew Royal Lodge dream shatters as finances get shocking hit
字号+ Author:Smart News Source:Travel 2025-01-11 22:00:51 I want to comment(0)
Prince Andrew has found himself in yet in another trouble as the future of his finances hangs in balance, and King Charles won’t be able to help. The Duke of York, who is currently kept at an arm’s length from the royal family given is slew of scandals, had recently showed “legitimate source of income” of nearly £1 million per year in a bid to keep the Royal Lodge after the monarch cut him off financially. Andrew had set up the investment fund under the name HRH Andrew Inverness in 2013. The Duke had a “significant control over” the firm and had it bailed out last year from a major debt. Just few weeks before Christmas, it was discovered that Andrew’s “close confidante” Yang Tengbo, was allegedly a Chinese spy. The accused, who is banned from the UK on national security grounds, was even invited to the royal residences on different occasions. Soon after the news was made public, Andrew issued a statement that he “cut all ties” with the “spy” after the news. Although, that has not stopped Andrew from facing the dire consequences of his actions. First, Andrew was forced to “uninvite” himself from the family Christmas celebrations and now his finances seemed to receive another big hit. The company, Urramoor Limited, managing Andrew’s investment fund has now been “applied to be struck off just a year after being bailed out by a mystery donor”, per a report by A previous report last week revealed that the company was suffering from a debt of £208,000, but an anonymous source in December 2023 helped it secure £210,000. However, the company did not manage to survive more than a year as £230,000 has been pulled from Andrew’s initiative Pitch@Palace. The update comes after questions are raised over Andrew’s luxurious lifestyle after being cut off from the royal funding. The Duke, who has desperately trying to keep his Royal Lodge, is now expected to pay for his own security and lifestyle, which was previously supported by Charles’ personal pocket. The new blow also spells bad news for Andrew’s future in the royal family, particularly at Royal Lodge, since King Charles is “furious” over his errant brother’s spy scandal. It is understood that Andrew and his recent scandal was a major topic of discussion between the King and the senior royals during the Sandringham Summit. They are expected to come up with a verdict to deal with the Andrew situation moving into 2025.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
تاریخ ساز ون ڈے فتح کے بعد، پاکستان جنوبی افریقہ کے خلاف ٹیسٹ چیلنج کے لیے تیار
2025-01-11 21:24
-
پی ایس ایکس منافع خوری اور سال کے آخر کے دباؤ کی وجہ سے جذبات میں کمی کی وجہ سے تیزی سے گرا
2025-01-11 20:41
-
بھیڑے پی ایس ایکس میں حاوی ہیں کیونکہ منافع خوری سے اضافہ رک گیا ہے۔
2025-01-11 20:31
-
وزیراعظم نے بجلی کے بلوں میں اضافے کے خلاف سخت کارروائی کی وارننگ دی
2025-01-11 19:17
User Reviews
Recommended Reads
Hot Information
- کرِسٹینو رونالڈو نے وینیسیئس جونیئر کو نظر انداز کرنے پر بالون ڈی اور کی مذمت کی
- بھیڑے پی ایس ایکس میں حاوی ہیں کیونکہ منافع خوری سے اضافہ رک گیا ہے۔
- پاکستان، ٹائر سسٹم کے تحت چین اور متحدہ عرب امارات کے درمیان تجارت کے لیے گیت وے بن گیا ہے۔
- بیرونی سرمایہ کاری کی واپسی کے باعث PSX پر فروخت کا دباؤ ہے۔
- بابر اعظم آئی سی سی مینز ٹی ٹوئنٹی کرکٹر آف دی ایئر ایوارڈ کے لیے نامزد
- بھیڑے پی ایس ایکس میں حاوی ہیں کیونکہ منافع خوری سے اضافہ رک گیا ہے۔
- وزیراعظم شہباز شریف نے بجلی کے ٹیرف میں مزید کمی کی اپیل کی
- آئندہ سال جنوری میں جدید ٹرین کے پٹریوں سے ٹکرانے کا امکان ہے۔
- نیوکاسل کے اساک اور جوئلینٹون نے مانچسٹر یونائیٹڈ کو مسلسل چوتھی شکست سے دوچار کیا۔
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content