Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Cash withdrawal from Prince Andrew’s Pitch@Palace sparks questions over scheme’s future

by January 4, 2025
January 4, 2025
Cash withdrawal from Prince Andrew’s Pitch@Palace sparks questions over scheme’s future

Half of the cash balance at Pitch@Palace Global, the commercial arm of the Duke of York’s entrepreneurial platform, has been withdrawn in the space of a year, newly filed accounts reveal.

The latest figures from Companies House show that the company’s funds fell from £454,979 to £220,990 in the 12 months to 31 March 2024.

The document, signed by sole director Arthur Lancaster, does not clarify the destination of the £230,000 or the purpose of the payment. Instead, it notes only that the “strategic direction and purpose of the company remains under review”.

Established to connect start-ups with potential investors, the Duke of York’s Pitch@Palace has faced scrutiny following revelations that its China-based collaborator, businessman Yang Tengbo, was allegedly barred from entering the UK on national security grounds. Yang, who twice visited Andrew at Buckingham Palace and was invited to his 60th birthday party, was linked to the Duke’s senior aide via letters found on his mobile phone.

In that correspondence, aide Dominic Hampshire praised Yang’s “guidance” in moving unnamed individuals “unnoticed in and out of the house in Windsor”. After Yang’s alleged ties to espionage emerged, Prince Andrew insisted he had “ceased all contact” with the Chinese businessman.

The scheme’s future now appears uncertain as questions mount over its finances and international partnerships.

Read more:
Cash withdrawal from Prince Andrew’s Pitch@Palace sparks questions over scheme’s future

0
FacebookTwitterGoogle +Pinterest
previous post
Three quarters of ousted Tory MPs eyeing a return to Westminster
next post
Apple agrees to £77M settlement over alleged Siri eavesdropping

You may also like

Elon Musk reinstates Katie Hopkins and Tommy Robinson...

November 6, 2023

Protecting Content Creators: The Need for Copyright Lawyers...

August 23, 2023

How Underground Utility Surveying Enhances Safety and Efficiency...

August 8, 2024

Set aside 5 minutes to check these 5...

September 22, 2023

More than half of 16-34 year olds have...

March 20, 2023

EU’s unfolding ‘Farm to Fork’ overhaul must go...

February 16, 2024

UK borrowing rises by more than expected on...

May 23, 2023

Retail Insolvencies Surge by 19% Amidst Economic Challenges

April 8, 2024

How Much Does It Cost to Build a...

March 21, 2025

Vast Dorset salt caverns to store hydrogen under...

July 1, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Tariff case pits Cato Institute against Trump over ‘unlimited’ executive power under emergency law

      July 9, 2025
    • Biden’s strange use of teleprompter in donor’s home infuriated supporters, dashed expectations

      July 9, 2025
    • Supreme Court lets Trump’s ‘wrecking ball’ federal job cuts proceed while legal fight continues

      July 8, 2025
    • TikToker knocks Harris’ ‘weird’ take on never released interview: ‘Not good’

      July 8, 2025
    • ‘Who wouldn’t want it?’: Netanyahu open to receiving stealth bombers, bunker-busters from US

      July 8, 2025
    • Iran says it can strike the US and Israel for two years. Does it really have that power?

      July 8, 2025

    Categories

    • Business (8,421)
    • Investing (2,106)
    • Politics (15,977)
    • Stocks (3,193)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved