London Daily

Focus on the big picture.
Sunday, Jul 19, 2026

The King’s five-year plan to shake up the firm

The King’s five-year plan to shake up the firm

Eviction of Harry and Meghan from Frogmore ‘just the start’ of moves to slim down and modernise monarchy

The King is carrying out a major shake-up of the monarchy which ultimately means that more members of the royal family will have to fund and fend for themselves, the Evening Standard understands.

The eviction of Prince Harry and Meghan from Frogmore Cottage in Windsor will be “just the start” of his plans to slim it down and modernise, according to sources. Subsidised rents for royals — even for some working royals — will be eradicated over time, with the King expecting them to finance their own homes and “cut their cloth” over the next five years, it is understood.


The news came as the King’s visit to France was delayed after extensive rioting on Thursday night. Senior figures have told the Standard that after the period of transition following the coronation, the King, assisted by Queen Camilla, will move to tackle inefficiencies in what is being viewed as a largely overstaffed and outdated system.

Vice-Admiral Sir Tony Johnstone-Burt, Master of the Household, and the Keeper of the Privy Purse Sir Michael Stevens, responsible for finance, will execute the shake-up of what is described as a “top-heavy royal household”. Camilla has been overseeing the fine detail of the King’s plan to ensure that after the coronation the royal household will be run the “Clarence House way”.

One senior figure said: “It is not about cuts, it is about getting the best value for money from those on the payroll. Sometimes less is more.”

Another source added: “The King is not some sort of housing association for distant relatives.” Harry and Meghan were given use of Frogmore Cottage, a five-bedroom mansion on the Windsor estate in 2018, by the late Queen.

Frogmore Cottage


But they spent just six months there before moving to North America and they were issued with an eviction notice from Buckingham Palace days after Harry’s memoir Spare — in which he made a series of claims against the royal family — hit the shelves in January.

However, the couple’s loss of the cottage, their only British home, is said to be just the “tip of the iceberg”.

It is understood Charles is keen to reduce the number of royals with a financial dependence on the crown, especially if they do not have an active role to play. He wants funds from the Duchy of Lancaster, the portfolio of land, property and assets held in trust for the King, and the sovereign grant that covers the cost of royal travel on official engagements, to be spent more effectively. He also wants to pay his staff competitive salaries and pensions so that he gets the best people for the jobs.

“There will be staff cutbacks. That has already started. The buzz phrase is ‘value for money,’” said the source.

Several members of the extended royal family have enjoyed subsidised palace accommodation, with some having apartments that are being used by their children as “London pads”.

The source said: “Over time, that is going to change. Properties will be let at commercial rates going forward and to people outside the family. Where it is in a palace environment they will of course be security vetted.”

Privately, the King’s senior staff have made it clear to members of the extended family that if they cannot afford where they are living, they should “cut their cloth”. “A lot of practices that have evolved during the last reign will be changing. The King is not heartless or reckless, but if the family members are not part of the core family and not working for the crown, it is fair for them to house themselves and fund themselves,” a senior figure said.


The King’s focus, key figures say, is on making the monarchy “fit for purpose” over the next five years. He is working closely with his son and heir, the Prince of Wales, to achieve this.

One insider said: “The staffing has been on the top-heavy side. That has built up over time, with advisers to advisers and so on. That’s all going to stop. The boss wants effective people in effective positions doing effective jobs being paid appropriately.” The senior source added: “Much of what was in place doesn’t make economic sense and will be changed during the new reign.”

Newsletter

Related Articles

0:00
0:00
Close
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Netherlands Declares Water Shortage Emergency After Drought Pushes Rivers to Historic Lows
Iran Claims It Destroyed Bahrain’s Main Artificial Intelligence Center in Missile and Drone Strike
Brothers Andrew and Tristan Tate Who Turned "Toxic Masculinity" Into a Brand Arrested in Miami as Britain Seeks Their Extradition
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
Gold and Cash Seizure Puts Indonesia’s Senior Anti-Corruption Prosecutor Under Investigation
The Ledger Will Not Trust on Faith
Bank of Asia BVI Enters Court-Supervised Liquidation After Regulators Find It Insolvent
Singapore Considers Lower Taxes for Fund Managers as Hong Kong Intensifies Talent Contest
US Retaliates Against Iran After Two American Troops Killed in Jordan
Bank of England Warns Climate Shocks Could Trigger Sudden Asset Repricing
UK Treasury Places Microsoft, Google, AWS and Oracle Under New Financial Resilience Rules
Scottish Government Faces Pressure Over Delays in Vulnerable Group Background Checks
Crown Prosecution Service Authorises Additional Charges Against Andrew and Tristan Tate
NHS Approves At-Home Cancer Treatments for Rare Blood Disorders
Bank of England Gains Oversight of Major Cloud Providers Supporting UK Financial System
UK Government Plans Major Overhaul of English Local Councils Through New Unitary Authorities
British Steel Nationalisation Dispute Escalates as Chinese Owner Jingye Seeks Compensation
Bank of England Signals Interest Rates Will Stay High as It Warns of Financial Risks From Climate and AI
Trump Administration Pressures Banks to Restrict Financial Access for Undocumented Immigrants
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
Ukrainian Drone Barrage Kills Eight and Strikes Russian Logistics Network
Key Trends to Watch
Financial Conduct Authority Warns Cloud and Digital Risks Are Becoming a Financial Priority
Jeffrey Donaldson Appeals Sexual Abuse Conviction as Democratic Unionist Party Opens Review
Welsh Health Authorities Launch Emergency Meningitis Vaccination Programme for Students
Scottish Business Activity Falls for Third Month as Companies Face Rising Costs
Bank of England Regulators Demand Better Access to Digital Banking Services
United Kingdom Cuts Bilateral Aid to Several African Countries by Up to Ninety Per Cent
United Kingdom Introduces Tougher Deportation Rules After Rochdale Exploitation Scandal
NHS England Launches Wearable Technology Plan to Reduce Sepsis Deaths
Amazon Web Services Billing Error Sends Trillion-Dollar Invoices to British Companies
Bank of England Takes Direct Regulatory Role Over Major Global Cloud Providers
Extreme Summer Heat Drives Record Fire Risk and Rising Deaths Across Britain
United Kingdom Nationalisation of British Steel Sparks Diplomatic Dispute With China
United Kingdom Economy Shows Weak Growth Ahead of Major Autumn Budget
Andy Burnham Set to Become United Kingdom Prime Minister After Labour Leadership Victory
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
The Monaco Bombing Has Become a Test of Ukraine’s Intelligence Accountability
Leadership Change and Strategic Rivalry Redraw the Political Map
Energy Risk, Uneven Growth and the New Geography of Global Capital
The AI Race Enters Its Infrastructure Era
Security and resilience remain long-term national priorities
Britain balances growth ambitions with public finance pressures
Regional devolution becomes a defining theme of the next Labour era
Industrial strategy returns to the centre of British economic policy
Political Instability Remains a Challenge for UK Investment Confidence
×