Latest Update: Obscene’: Anger after cost of King Charles’s coronation revealed…. Check In For More Details

Official figures put price of event at £72m but anti-monarchy group Republic says real cost is likely much more

The coronation of King Charles in May 2023 cost taxpayers at least £72m, official figures have revealed.

The cost of policing the ceremony was £21.7m, with a further £50.3m in costs racked up by the Department for Culture, Media and Sport.

About 20 million people in Britain watched Charles crowned at Westminster Abbey on TV, substantially fewer than the 29 million Britons who had watched the funeral of Queen Elizabeth II in 2022.

The coronation ceremony was attended by dignitaries from around the world, and a star-studded concert took place at Windsor Castle the following night.

The annual report and accounts of DCMS, the lead department in Rishi Sunak’s government that worked with the royal household on the coronation, stated that the department “successfully delivered on the central weekend of His Majesty King Charles III’s coronation, enjoyed by many millions both in the UK and across the globe”.

described the coronation as a “once-in-a-generation moment” that enabled the “entire country to come together in celebration”, as well as offering “a unique opportunity to celebrate and strengthen our national identity and showcase the UK to the world”.

Republic, which campaigns to replace the monarchy with an elected head of state and more democratic political system, described the coronation as an “obscene” waste of taxpayers’ money.

“I would be very surprised if £72m was the whole cost,” the Republic CEO, Graham Smith, told the Guardian.

As well as the Home Office policing and DCMS costs included in the figures, he said the Ministry of Defence, Transport for London, fire brigades and local councils also incurred costs related to the coronation, with other estimates putting the totalspend at between £100m and £250m.

But even that kind of money – £72m – is incredible,” Smith added. “It’s a huge amount of money to spend on one person’s parade when there was no obligation whatsoever in the constitution or in law to have a coronation, and when we were facing cuts to essential services.

It was a parade that Charles insisted on at huge expense to the taxpayer, and this is on top of the huge inheritance tax bill he didn’t [have to] pay, on top of the £500m-a-year cost of the monarchy.”

Under a clause agreed in 1993 by the then prime minister, John Major, any inheritance passed “sovereign to sovereign” avoids the 40% levy applied to assets valued at more than £325,000.

Smith added: “It was an extravagance we simply didn’t have to have. It was completely unnecessary and a waste of money in the middle of a cost of living crisis in a country that is facing huge amounts of child poverty.

“When kids are unable to afford lunches at school, to spend over £70m on this parade is obscene.”

This is what we’re up against
Teams of lawyers from the rich and powerful trying to stop us publishing stories they don’t want you to see.

Lobby groups with opaque funding who are determined to undermine facts about the climate emergency and other established science.

Authoritarian states with no regard for the freedom of the press.

Bad actors spreading disinformation online to undermine democracy.

But we have something powerful on our side.

We’ve got you.

The Guardian is funded by readers, like you in Nigeria, and the only person who decides what we publish is our editor.

If you want to join us in our mission to share independent, global journalism to the world, we’d love to have you on side.