Charles's desire for his time on the throne is the sole motivation for stepping down as King - OK! Magazine

In the wake of the unexpected announcement of abdication by Queen Margrethe of Denmark, 83, speculation began to swirl about whether King Charles would ever contemplate a similar decision.

However, it remains key to remember that the nature of the monarchy in the UK significantly differs from those in Europe.

Prime Ministers proclaim monarchs like Queen Margrethe, while in the UK, Kings and Queens are sworn in and sanctified during their coronation, thereby pledging a lifelong commitment to God. This process is more rooted in religious practices.

Jennie Bond, BBC's former Royal Correspondent, quashed rumors that King Charles might emulate the Danish Queen's move.

In an exclusive interview with OK!, Jennie conveyed: 'The most plausible explanation for Queen Margrethe‘s abdication is her recent major back surgery, as it seems she is feeling her age.

'Throughout her reign, she has demonstrated her progressive and modern mindset, as reflected in her decision to strip her younger son’s children of their royal titles.

'Although she has publicly stated in the past her commitment to lifelong service, akin to our own Queen, circumstances evolve, opinions evolve, and evidently, she trusts her son as her successor.'

'Inevitably, this has ignited discussions about King Charles. However, I believe the only scenarios prompting him to consider abdication would involve grave illness or mental incompetence.

'Despite his own back problems, I don’t anticipate this news will trigger such ideas. Charles looks forward to his reign… a tenure to make his own impact as King.

'William, who has three young children, is probably not prepared to shoulder the additional burden of Kingship just yet. His time, however, is approaching.'

Queen Margrethe unveiled her unanticipated decision to abdicate during her annual new year's speech, where she stated: 'Naturally, the surgery prompted me to reflect on the future - it seemed the opportune moment to entrust the responsibility to the succeeding generation.'

Emotion filling her voice, she expressed: ' I have determined that the moment is now. On January 14 - 52 years following my ascension to the throne succeeding my beloved father - I will relinquish my role as queen of Denmark. Crown Prince Frederik, my son, will succeed me.'

Crown Prince Frederik will ascend the throne as King Frederik X and will be proclaimed King on the balcony of Christiansborg Palace in Copenhagen on Sunday, January 14 by Prime Minister Mette Frederiksen. Alongside the new Queen Mary of Denmark, he will reign, with his eldest son, Crown Prince Christian, being his eventual successor.