The reign of Carlos III is presented as a stage in which the British monarchy will move towards greater austerity, reduce the number of members of the royal family with official duties and expand the public use of Crown spaces until now restricted, such as Buckingham Palace.

When Prince Felipe died in April 2021, Carlos called a meeting with his eldest son, Guillermo, in which the two mapped out the way forward in the decades to come “The Firm”, codenamed with which it is generally referred to as the institution run by the Windsors.

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