King Charles III’s coronation although was a much-awaited ceremony, it eventually turns out to be a burden on the nation. Given the estimated budget, which is to be paid by the taxpayers of the United Kingdom, people seem to be scrutinizing the historic occasion. Although the government is staying shut about the expected cost, citizens are getting concerned and criticizing the extravagant expenses. 

King Charles
King Charles awaits his coronation

Royal Family critics gather to discuss the estimated cost of nearly $126M associated with King Charles III and Queen Consort’s crowning. Although the amount of public funds to be spent remains unknown, the eye-watering estimation seems to be enough for people to lose their minds on. 

Also read: Meghan Markle Allegedly Ditched Met Gala 2023 Because of King Charles

The Estimated Cost Of The Coronation Ceremony

Although the budget for King Charles’ coronation ceremony has not been revealed, predictions suggest the historic occasion might cost the nation around $126M. It has been mentioned by the government, the burden of the expenditure is to be levied on the taxpayers of the UK. Shocked to the core by the ginormous amount of money assumed to be spent, people start comparing the cost of the previous monarch’s coronation ceremony.  

Queen Elizabeth II
Queen Elizabeth II’s coronation ceremony

It has been revealed, the late Queen Elizabeth II‘s coronation cost $1,152,676 in 1953 which estimates to be $25M in today’s monetary evaluation. Dating further back to when George VI was crowned in 1937, the coronation ceremony cost, $573,810 which stands at an approximation of $31M in today’s world. It was also revealed, George VI’s crowning was the most expensive of all coronations in 300 years. 

George VI
George VI’s coronation

Thus, comparing two of the previous coronations, people are perplexed by King Charles III‘s crowning expenditure. Especially considering the cost of living crisis in the UK, the coronation is branded a complete waste of taxpayers’ money. Royal Family critics gather around to scrutinize the unnecessary expenses against the backdrop of strikes, low wages, and deteriorating living costs, prevailing in the nation.  

Also read: King Charles Coronation Ceremony: Queen Camilla to Be Crowned With Controversial Jewelry That Featured the Koh-i-Noor Diamond

Royal Family Critics Scrutinize The Expenses

With more than half of the adult population of the country questioning the expenses of the crowning ceremony, people believe the government should not fund the occasion. Graham Smith, a Royal Family critic believes, “Charles is already king. There is absolutely no need to go through with this expensive pantomime”. With King Charles’ estimated personal fortune being $2.2B, people believe the expenditure should be burdened on him rather than the taxpayers. 

King Charles
King Charles and Queen Consort Camilla

Throwing light upon the nation’s crisis, Smith stated, “At a cost of tens of millions of pounds, this pointless piece of theatre is a slap in the face for millions of people struggling with the cost-of-living crisis”. Richard Burgon, MP for Leeds East appearing for a debate on the amount of public money being spent on the coronation, stated the apt reasons for people’s rage. 

The King has a reported personal fortune of £1.8bn, and given the monarch already benefits from not paying inheritance tax, it’s easy to see why so many people are not happy with this,” Burgon pointed out. 

King Charles
King Charles’ coronation expenses shock people

Even Scottish National Party MP Ronnie Cowan highlighting the cost of living challenges, stated, “What evidence do you have that they (citizens) think the UK government should pay for this coronation?” Discussing how George IV’s coronation in 1821 was a great theatrical spectacle, as he was known for his extravagance, it still summed up to a mere $25.9M in today’s evaluation. 

Thus, the taxpayers are having the benefit of the doubt, as to what sort of extravagance is adding up to King Charles’ $126M coronation ceremony. 

Read more: “She wasn’t pleased”: Prince Harry Reveals He Broke Queen Elizabeth’s Heart After Leaving the Royal Family for a “Different Working Arrangement”

Source: Independent

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