Mike Kemp Charles Iii III (Iii) Britain city London, Britain county King county Charles sports economy Government Department Digital reports Provident Mike Kemp Charles Iii III (Iii) Britain city London, Britain county King county Charles

King Charles III's coronation could cost eye-popping amount

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LONDON - The rapidly-approaching coronation of King Charles could cost an eye-popping amount while also bringing benefits to the U.K.

economy. The British monarch’s crowning has had varying costs attributed to it leading up to the widely-anticipated event scheduled for Saturday morning.

In some reports, it has been projected the cost will come out to $125 million (£100 million), while others have pegged it lower, around $60 million (£50 million).Many outlets credited security as factoring into the estimated price-tag.

Some U.K. residents have bemoaned the estimated costs, pointing to the cost of living crisis.The Department for Digital, Culture, Media and Sport told FOX Business that for national state occasions, the U.K.

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