Personally I see the Albion as likely a democracy similar to that of the British Commonwealth for WW2. King George did not have a lot of power, but he still was a linchpin in keeping the Commonwealth together. The other example could be the Norwegian King and Parliament during WW2 as another good example. So on one hand, you had a democracy that ran day to day operations, but the monarch worked as a strong base in times of power, not so much in terms of direct control, but as someone with power to serve as a rally point.