The British royal family’s train will be retired by 2027, as part of a cost-saving measure announced by Buckingham Palace on Monday after “a thorough review into its use and value for money.”

King Charles is set to derail the late Queen Elizabeth II's favourite mode of transport in a bid to cut costs, as staggering figures on the monarch's transportation have been revealed

James Chalmers, the king's treasurer, said the monarch had now agreed that the train, which critics had long said was a waste of money, would reach the end of the line in 2027.