Friday, 26 June 2026
Rīga TV

World and Latvian news in one place

WorldPublished: 26 June 2026 at 08:38

King Charles III Will Not Live at Buckingham Palace After Costly Refurbishment

King Charles III has decided not to reside at Buckingham Palace following its expensive renovation. The announcement was made Thursday during a briefing on royal finances, where Charles became the first British monarch to reveal the taxes he paid to the government.

King Charles III has announced his decision not to live at Buckingham Palace after its costly refurbishment. The announcement was made on Thursday during a special briefing on royal finances. In a historic move, Charles became the first British monarch ever to disclose the amount of taxes he has paid to the government. This information was shared with the public to enhance transparency regarding the royal family's financial obligations. The decision to avoid moving into Buckingham Palace is linked to the significant costs of its renovation. This marks a new era of openness in the management of royal finances, as the monarch has taken an unprecedented step by revealing his personal tax contributions.

Comments

0/1500

Comments are automatically moderated. No hate, threats, personal data or spam.

Loading comments…

More in this category