The cost of the coronation of King Charles III and Queen Consort is unknown, and there has been no budget revealed for the event. Some predictions suggest it could cost the UK between £50-100m. Late Elizabeth II’s coronation cost £20.5m in today’s money. The coronation has been criticised as a waste of taxpayers’ money, with over half of Britons believing it should not be funded by the government. Critics argue that at a cost of tens of millions of pounds, this is a pointless piece of theatre in the midst of a cost-of-living crisis facing the UK, with strikes by doctors, teachers, and other public servants over pay. Some have also pointed out that King Charles III has an estimated personal fortune of £1.8bn. However, Chancellor of the Duchy of Lancaster Oliver Dowden has insisted that the King and the government are “mindful of ensuring that there is value for the taxpayer” and there will not be “lavishness or excess”.