King won't move into renovated Buckingham Palace, royal funding to be cut (opens original article in a new tab)

King Charles III and Queen Camilla will not move into Buckingham Palace after its renovations, and the monarch's tax bill of 12.9 million pounds was revealed alongside a planned reduction in royal funding.

• King Charles III and Queen Camilla will not move into renovated Buckingham Palace, breaking a 1837 tradition.
• King Charles paid 12.9 million pounds in taxes in 2024-25, making him among the UK's top 100 taxpayers.
• Sovereign Grant to the royal family will decrease from 2026-27, marking the first year-on-year reduction since 2012.