Saturday, January 15, 2022

Queen Won’t Risk Bailing Out Prince Andrew, Say Royal Experts

The Duke of York’s finances have been the subject of much speculation over the years | TIM GRAHAM/GETTY IMAGES

THE TIMES: The Queen will not bail out the Duke of York to help to fund a financial settlement with Virginia Giuffre, according to royal experts.

Ingrid Seward, the royal biographer, believes that providing him with money would be too damaging to the Queen’s reputation and that she would rather leave him to face the allegations in court.

David McClure, who has written books about royal finances, believes the prince would not have enough money to cover a settlement himself. He said that the recent sale by the duke of a chalet in Verbier, the Swiss ski resort, has revealed him to be “extremely cash poor”.

The duke’s legal bill is likely to be between £5 million and £6 million, plus further millions if he goes down … » | Ben Ellery | Saturday, January 15, 2022 [£]