The total British taxpayer cost for the king's coronation should be £0 — but it isn't.
— generates hundreds of millions of dollars each year, which the British government holds onto for the family. Every year, 25% of that money goes to the royals as the Sovereign Grant for palace upkeep, staff pay and all the other things that royalty needs to seem royal.
It’s worth noting then that the coronation will be “paid for by the U.K. Government as well as Buckingham Palace, through the Sovereign Grant and Privy Purse,”. Without knowing how much Buckingham Palace is actually kicking in, it’s impossible to know how much the British taxpayers are paying for this. But the appropriate figure is obvious: £0.
Pro-monarchists might want to compare the coronation — the first in more than 70 years — to, say, the much more frequent inauguration of the U.S. president. The latter tends to cost
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
King Charles’s Coronation Live Updates: King Charles and Queen Camilla Arrive at Westminster AbbeyDr. Jill Biden arrived to King Charles III’s coronation with her granddaughter, Finnegan. Representing the president, Biden opted for a blue look by Ralph Lauren. Finnegan opted for American designer Markarian. See more live updates from today’s event.
Read more »
King Charles’s Coronation Live Updates: King Charles Departs Westminster Abbey'It’s all going on for the littlest of royals,' naomi_pike reports. 'I for one (especially as a big sister) will never tire of seeing Charlotte gently steering her brothers with what to do next.' See more live updates from today's coronation:
Read more »
King Charles’s Coronation Live Updates: King Charles Arrives Back at Buckingham PalaceDid Princess Anne just steal the show? King Charles III’s younger sister and an accomplished equestrienne returned to Buckingham Palace on horseback. See more:
Read more »
King Charles has a frog named after him: Interesting facts about the new British monarchKing Charles III is officially getting crowned as the King of England on Saturday. Here are some interesting facts about Charles and Camilla.
Read more »
King Charles’ coronation draws apathy, criticism in former British coloniesMost of the Commonwealth's 56 member nations are former colonies of the British Empire. In some countries, many view King Charles' coronation as an occasion to recall colonialism’s painful and bloody past.
Read more »
St. Augustine British pub rolls out royal treatment for coronation of King Charles IIIAnn Dyke, the owner of the Kings Head British Pub in St Augustine, said she watched the first televised coronation in 1953 when Queen Elizabeth II was crowned.
Read more »