The Prince of Wales is to move a number of his charities, some of which are paying high rents in expensive and fashionable parts of London, to cheaper offices in King’s Cross.

According to a report in the Daily Telegraph the centralisation, to a redevelopment of a railway goods yard, could save the Prince’s Charities more than £500,000,and help mitigate the reduction in income caused by quangos making grants to the charities being abolished, or suffering budget cuts.