Prince Charles will likely be named King Charles III when he becomes monarch, claimed a royal correspondent. Chris Ship explained there will be a “lot of debate” on the monarchy’s existence when this change happens, and the Palace will want to show “continuity” during the transition. Speaking on Air Time podcast, the ITV News Royal Editor said: “There’s a lot of speculation over what will Charles do, ‘he won’t be Charles III because Charles I had his head chopped off and Charles II was a Roman Catholic womaniser, why would he want to be a Charles?’ Well look, he got given the name Charles, I rather suspect he’ll keep it. Not least because I think there’s going to be a lot of debate when the change happens, about why we have a monarchy and why it exists.

“What’s the point of it and why don’t we potentially get rid of it.

“I think if you’re going to change your name at whatever age he’ll be, 71, 75, 80, whatever he’ll be then.

“I think a lot of people will say ‘that’s a bid odd, I’ve known him as Charles for all of his life, why has he suddenly changed his name?’

“So they’re going to have enough trouble with continuity and the transition without having to explain why he’s changed his name.

Personally I think we’ll have King Charles III

Chris Ship

“Personally I think we’ll have King Charles III.”

The Prince of Wales will be in control of running the Duchy of Lancaster when he becomes King.

The Duchy is a private estate which provides income for the sovereign.

Prince Charles has been attending meetings for the Duchy, which generates £20million a year, since 2014.

But he held another meeting at Clarence House with the Duchess of Cornwall, the Daily Star Online reported.

The pair will move into Buckingham Palace when Charles takes the throne.

But Charles is reportedly not a fan of the palace and wants it to be turned into a museum instead.

A source previously told the Sunday Times: “He doesn’t see it as a viable future home or a house that’s fit for purpose in the modern world.

“He feels its upkeep, both from a cost and environmental perspective, is not sustainable.”

Charles will not keep Clarence House as a second home like the Queen does with Windsor Castle, according to the Daily Star Online.

The Prince is the world’s longest-waiting future monarch but Charles isn’t the only one preparing to be King as Prince William has also been preparing to acquire his father’s £1billion estate.

William has attended two top secret meetings at the beginning of 2019 to discuss the Duchy of Cornwall, according to the Daily Star Online.

Charlie Proctor, editor of Royal Central, previously told Daily Star Online: “Just like Prince Charles is preparing to become King, William is already preparing to become Prince of Wales ready for the duties & responsibilities he will have to take on.

“As an example, William recently left his job as an air ambulance pilot to become a full time working royal. As time goes on his presence becomes ever more important meaning he has to commit all of his working time to royal duties.

“I think it is important to say that just like his father, William is also preparing to become King. There is no chance that William will be Prince of Wales for more than 60 years.

“As such, he must also learn the ropes because his time on the throne may come sooner rather than later.”

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