King and Queen will not live at Buckingham Palace after £369m refit
Charles and Camilla to remain at Clarence House and are said to want the public to have more access to ‘monarchy HQ’
TL;DR
- King Charles and Queen Camilla will remain at Clarence House and not move into Buckingham Palace after its £369m renovation.
- The decision aims to increase public access to Buckingham Palace, which will remain the ceremonial and operational center of royal life.
- The sovereign grant, public funds for royal duties, has nearly doubled, increasing from £51.8m to £99.9m by 2027-28.
- King Charles paid £12.9m in income and capital gains tax in 2024-25 on his personal income.
- Prince William has requested that £1.5m annual rent from Dartmoor prison be removed from the Duchy of Cornwall to fund community regeneration.
- Critics have raised concerns about the transparency and rising cost of the sovereign grant and the royal family's finances.