The glittering pomp and pageantry of King Charles III’s coronation in May 2023 dazzled millions around the globe, but newly released figures revealing the ceremony’s staggering £72 million price tag have sparked fierce backlash. As Britain grapples with a relentless cost of living crisis, the monarchy’s extravagant spending on a single day’s festivities has drawn sharp criticism from anti-royal campaigners and struggling citizens alike.
A Coronation’s Hefty Bill
Official accounts show that British taxpayers footed a bill of at least £72 million for King Charles’s coronation. The Home Office reported policing costs of £21.7 million, while the Department for Culture, Media and Sport (DCMS) incurred a further £50.3 million in expenses. These figures, however, likely underestimate the total cost, as they do not include spending by the Ministry of Defence, Transport for London, fire brigades, and local councils.
“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 pay, on top of the £500m-a-year cost of the monarchy.”
– Graham Smith, CEO of Republic
An Unnecessary Extravagance?
Critics argue that the lavish coronation was an unnecessary extravagance, particularly during a time of economic hardship for many Britons. Graham Smith, CEO of Republic, an organization campaigning for an elected head of state, described the event as a “parade that Charles insisted on” and an “obscene” waste of taxpayer money.
Smith emphasized that there was no constitutional or legal obligation to hold such an elaborate coronation ceremony. He questioned the wisdom of spending over £70 million on a single day’s events while essential public services face cuts and child poverty rates soar.
A Muted Public Response
Public enthusiasm for the coronation appeared more subdued compared to past royal events. An estimated 20 million people in Britain watched the ceremony on television, notably fewer than the 29 million who tuned in for Queen Elizabeth II’s funeral in 2022. The muted response may reflect growing public unease with the monarchy’s lavish spending amid a painful cost of living squeeze.
Calls for Greater Transparency
The true cost of the coronation likely exceeds the £72 million reported thus far, as figures from various government agencies and local authorities have yet to be fully disclosed. Anti-monarchy campaigners are demanding a comprehensive accounting of all public funds spent on the event, with some estimates ranging as high as £250 million.
Proponents argue that the coronation provided a much-needed boost to national unity and showcased Britain on the global stage. The DCMS praised the ceremony as a “once-in-a-generation moment” that brought the country together in celebration.
A Monarchy Under Scrutiny
As the British public grapples with soaring inflation, stagnant wages, and deep cuts to public services, the monarchy’s spending faces intense scrutiny. The coronation’s hefty price tag has reignited long-standing debates over the royal family’s role, relevance, and financial privileges.
“When kids are unable to afford lunches at school, to spend over £70m on this parade is obscene.”
– Graham Smith, CEO of Republic
Critics argue that the funds lavished on the coronation could have been better spent addressing pressing social issues such as child poverty, homelessness, and the overburdened NHS. With many Britons struggling to heat their homes and put food on the table, the opulent display of royal pageantry struck a discordant note for some.
The Path Forward
As King Charles III begins his reign, he faces the challenge of guiding the monarchy through a period of economic upheaval and shifting public sentiment. The coronation’s costs have amplified calls for greater transparency, accountability, and modernization within the royal household.
In an era of austerity and widening inequality, the monarchy must grapple with difficult questions about its role, relevance, and financial privileges. The coronation’s hefty bill has brought these issues into sharp relief, underlining the need for a thoughtful re-evaluation of the institution’s place in 21st-century Britain.
As the nation navigates the challenges ahead, the debate over the monarchy’s future is set to intensify. The King Charles coronation’s costs have provided fresh ammunition for those questioning the institution’s value and sustainability, ensuring that the royal family will remain under close scrutiny in the years to come.