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Prince Charles' funding drops by 47% | |
(34 minutes later) | |
Public funding for the Prince of Wales fell from £2.1m to £1.1m in the last financial year, Clarence House says. | |
The 47% fall follows an 11.8% increase in 2011-12. | |
Prince Charles' private income from the Duchy of Cornwall went up by 4% to just over £19m, BBC royal correspondent Peter Hunt said. | |
Officials say that more than half of his after-tax income from the duchy is spent on official and charitable duties, our correspondent added. | |
The prince's overseas travel bill for 2012-13 was reportedly much reduced as countries he visited funded his travel expenses. |