Prince William has gone on paternity leave, which means the royal baby could be born any day now
WPA Pool / Getty Images
A spokesman for Kensington Palace, William's official residence, said his next round of training was due to begin on June 1.
"As he now will not have any further training to complete after returning from paternity leave, he will not return to duties with Bond (his employer) until that time and will remain on unpaid leave until then," he said.
Prince William's wife Kate is expecting their second child this month. The boy or girl will be fourth in line to the throne after their first child, Prince George, who was born in 2013.
The prince took up his new job in March but will only start flying rescue missions later this year.
He is reportedly to be paid an annual salary of £40,000 (55,700 euros, $60,000) but will donate it in full to charity.
He is thought to be the first royal directly in line to the throne to work for a civilian employer.
Experts say the royal birth could inject tens of millions of pounds (euros, dollars) into the British economy, and a baby princess would give an added boost in the years to come.
"If it's a girl, it's like an investment that is going to pay off for the media and designers," Joshua Bamfield, director of the Centre for Retail Research, said after conducting a survey of retailers.
Bamfield said he expected a boost of around £80 million (111 million euros, $119 million) -- two-thirds coming from food and drink sales to celebrate the royal birth and a third from souvenirs.
Bamfield's centre has conducted similar studies in the past on major events in British life like Queen Elizabeth II's Diamond Jubilee and the 2012 Olympics.
It calculated the economic impact of Prince George's birth at £247 million (340 million euros, £370 million).
Catherine Hudson, Prima Baby magazine's beauty and fashion editor, said Prince George had already given the baby clothing industry a boost.
"We have now seen the George effect and are likely to see the same thing happen after the second child arrives. More so I would say if it were to be a girl," she said.
The Royal Collection Trust has already announced it will be selling an official range of baby souvenirs, while a range of private companies will also create commemorative mugs and T-shirts.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Experts warn of rising temperatures in Bengaluru as Phase 2 of Lok Sabha elections draws near
- Axis Bank posts net profit of ₹7,129 cr in March quarter
- 7 Best tourist places to visit in Rishikesh in 2024
- From underdog to Bill Gates-sponsored superfood: Have millets finally managed to make a comeback?
- 7 Things to do on your next trip to Rishikesh