PracticeAccounting FirmsAccountant to resolve Prince Charles crisis

Accountant to resolve Prince Charles crisis

Sir Michael Peat, the former KPMG partner and finance director to the Queen, is facing his biggest challenge today - attempting to find a way through the rape tape crisis in his role as private secretary to Prince Charles.

Link: Peat leaves Queen for Charles

Expected at St James’s Palace today to chair a crisis meeting, Sir Michael is noted for his reserved manner, unswerving loyalty to the monarchy and absolute discretion.

The meetings come after one of Prince Charles’ aides was forced to publicly deny raping another male servant.

The rape allegations emerged as a result of the collapse of theft charges against Princess Diana’s former aide Paul Burrell.

Sir Michael joined the Prince’s staff this year after the golden jubilee celebrations were finished.

He was noted for bringing the Queen’s finances under control while working as Keeper of the Privy Purse and it was thought his key role with Prince Charles would be boosting income from the Duchy of Cornwall, the heir’s estate.

A former partner at KPMG and great grandson of the founder of Peat Marwick, Sir Michael joined the Queen’s service in 1990, becoming Keeper of the Privy Purse in 1996.

Related Articles

Sexual harassment – is accountancy next for #MeToo?

Accounting Firms Sexual harassment – is accountancy next for #MeToo?

1d Karen Baxter, Lewis Silkin
Johnston Carmichael CEO appointed as ICAS president

Accounting Firms Johnston Carmichael CEO appointed as ICAS president

3w Emma Smith, Managing Editor
British Accountancy Awards 2018 – entries open!

Accounting Firms British Accountancy Awards 2018 – entries open!

1m Emma Smith, Managing Editor
Is the accountancy sector facing an international talent crisis?

Accounting Firms Is the accountancy sector facing an international talent crisis?

1m Lewis Silkin
RSM appoints new Chief Operating Officer

Accounting Firms RSM appoints new Chief Operating Officer

1m Alia Shoaib, Reporter
RSM announces 11 partner promotions

Accounting Firms RSM announces 11 partner promotions

2m Emma Smith, Managing Editor
BDO hires former AstraZeneca creative director as head of digital and innovation

Accounting Firms BDO hires former AstraZeneca creative director as head of digital and innovation

2m Emma Smith, Managing Editor
What does the future hold for listed accountancy firms?

Accounting Firms What does the future hold for listed accountancy firms?

2m Fergus Payne, Lewis Silkin