Prince Charles' financial situation was "significantly altered" in 1996, according to royal commentators. The Prince of Wales' divorce from Princess Diana had a large impact on many aspects of his life, including his accounts. The List narrator Christine-Marie Liwag Dixon explained how this happened.

       She told viewers: "We all know that the Royal Family's lifestyle is largely paid for by British taxpayers.

       "But Prince Charles' financial life was significantly altered after his divorce from Princess Diana was finalised.

       "As reported by The New York Times at the time of the divorce announcement, Charles 'formally declared' that he would not be subsidising his ex-wife's living expenses anymore.

       "He said that it would be up to her to pay her own way out of the settlement money she received from their separation."

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       Ms Liwag Dixon continued: "Eric Golding, the administrator who oversaw the couple's settlement, even went as far as saying that Diana would be receiving bills from the 40 stores that she frequented.

       "Charles was officially cutting her off.

       "That sounds a bit harsh when you remember that Diana was just 20 years old when they got married.

       "It's not like she knew a different way of life."

       The narrator added: "The letter read: 'With effect from September 2, 1996, any expenditure incurred by or on behalf of Her Royal Highness the Princess of Wales ... should be invoiced directly to the Princess of Wales's Office'.

       "And that was that."

       Diana was awarded a ￡17 million lump sum and ￡350,000 a year to run her private office.

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       She and Charles agreed to share custody of their sons.

       The divorce was finalised on August 28, 1996.

       This came a year after the Queen had ordered them to end the marriage in the face of the fallout.

       By this time, the couple had been separated since 1992 following years of speculation over the rocky state of their relationship due to two unprecedented interviews the couple separately gave in which they discussed their infidelities.

       The Prince and Princess were together for 15 years before the divorce.