The Cost and Controversy Surrounding King Charles' Coronation

The coronation of King Charles III, set to take place on May 6, is estimated to cost between £50 million and £100 million ($63-125 million), with the UK government and taxpayers footing the bill. The event, which includes a "King's procession" and a star-studded concert, has been scaled back by the king himself, but still faces criticism amid the country's cost-of-living crisis. A recent YouGov poll found that 51% of Brits believe the coronation should not be funded by the government. However, the government insists that the occasion will bring in millions for businesses, particularly the hard-hit retail, tourism, and hospitality sectors.