Last year’s coronation of King Charles III cost British taxpayers £72 million, according to official accounts released on Thursday. The Department for Culture, Media and Sport spent £50.3 million, while the interior ministry’s costs for policing the event totalled £21.7 million. Despite the fact that the final bill was lower than previous estimates of over £100 million, critics argue that the spending is excessive given the economic challenges facing the country.
The coronation, which took place in May 2023 at Westminster Abbey, was attended by dignitaries from around the world and included a star-studded concert at Windsor Castle the following night. Critics of the monarchy have been vocal in their opposition to the financial benefits received by the royal family, particularly during times of economic hardship.
A majority of Britons surveyed before the coronation believed that the government should not be funding such events. Calls for more transparency and reform of the royal family’s finances have been growing, with concerns raised about the monarchy’s financial dealings and tax exemptions.
Despite the controversy, the Department for Culture, Media and Sport defended its role in organizing the coronation, highlighting the event as a “once-in-a-generation moment” that celebrated national identity and showcased the UK to the world. The expenses related to the coronation are likely to continue fueling debate about the role and funding of the monarchy in modern Britain.
Source
Photo credit www.wionews.com
