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    Home > Headlines > Britain's Prince Andrew gives up title of Duke of York
    Headlines

    Britain's Prince Andrew gives up title of Duke of York

    Published by Global Banking & Finance Review®

    Posted on October 17, 2025

    1 min read

    Last updated: January 21, 2026

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    Tags:BrexitLondon Stock Exchangefinancial communityfinancial crisiscorporate governance

    Quick Summary

    Prince Andrew has given up his Duke of York title amid ongoing criticism related to his association with Jeffrey Epstein. He denies all accusations against him.

    Table of Contents

    • Prince Andrew's Decision to Give Up Title
    • Background on the Controversy
    • Official Statement from Prince Andrew

    Britain's Prince Andrew gives up title of Duke of York

    Prince Andrew's Decision to Give Up Title

    LONDON (Reuters) -Britain's Prince Andrew said on Friday he would give up using his title of Duke of York following years of criticism about his behaviour and connections to the late disgraced U.S. financier Jeffrey Epstein.

    Background on the Controversy

    "I will therefore no longer use my title or the honours which have been conferred upon me. As I have said previously, I vigorously deny the accusations against me," Andrew said in a statement.

    Official Statement from Prince Andrew

    (Reporting by Michael Holden; Editing by Chris Reese)

    Key Takeaways

    • •Prince Andrew renounces Duke of York title.
    • •Decision follows criticism over Epstein ties.
    • •Andrew denies accusations against him.
    • •Official statement released by Prince Andrew.
    • •Impact on British royal family dynamics.

    Frequently Asked Questions about Britain's Prince Andrew gives up title of Duke of York

    1What is a Duke?

    A Duke is a noble title in the British peerage system, typically ranking just below a prince. Dukes often have historical ties to land ownership and aristocracy.

    2What is corporate governance?

    Corporate governance refers to the systems, principles, and processes by which a company is directed and controlled. It encompasses the relationships among stakeholders and the goals for which the corporation is governed.

    3What is a financial crisis?

    A financial crisis is a situation in which the value of financial institutions or assets drops significantly. It often leads to a loss of confidence in the financial system and can result in economic downturns.

    4What is the London Stock Exchange?

    The London Stock Exchange (LSE) is one of the largest stock exchanges in the world, where shares of publicly traded companies are bought and sold. It plays a crucial role in the global financial market.

    5What is Brexit?

    Brexit refers to the United Kingdom's decision to leave the European Union, which was finalized on January 31, 2020. It has significant implications for trade, immigration, and economic policies.

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