United Kingdom, July 1 -- King Charles has decided to retire the Royal train.

The locomotive has been used to transport members of the royal family around Britain since 1840 but will be decommissioned in 2027 as the monarch seeks to modernise and cut costs.

James Chalmers, Keeper of the Privy Purse, has described the decision as an example of the royals applying "fiscal discipline" in their drive to deliver "value for money".

He said: "The royal train, of course, has been part of national life for many decades, loved and cared for by all those involved.

"But in moving forward, we must not be bound by the past. Just as so many parts of the royal household's work have been modernised and adapted to reflect the world of today, so too, th...