💨 Abstract
King Charles is phasing out Britain's royal train, a tradition since Queen Victoria, as it's deemed cost-ineffective. The train, used twice in the last fiscal year, will no longer operate after 2027. The monarchy receives additional funding due to increased profits from the Crown Estate, a property portfolio. This money will go toward maintaining royal residences. Global significance remains a justification for royal funding, despite critics arguing for greater scrutiny and potential misuse.
Courtesy: theprint.in