King Charles has decided to scrap Britain's royal train, a service dating back to Queen Victoria, because it is no longer cost-effective, as the monarchy sees its public funding soar by an extra 46 million pounds ($63 million) for the next two years.

The King is said to have fond memories of the train, which features a carriage created for Charles in the mid-1980s, which he still uses now that he is King.

King Charles will retire the Royal Train, a favorite of Queen Elizabeth’s, following a thorough review of its usage and costs