King Charles III has decided not to move into Buckingham Palace after a 10-year, £369 million renovation. The palace will continue to serve as the administrative headquarters of the monarchy.

History of Buckingham Palace

Buckingham Palace has been the official London residence of the sovereign since 1837. Queen Victoria was the first monarch to live in the palace. Despite its rich history, the palace has undergone significant changes over the years, including a major renovation that began in 2017.

The renovation included the replacement of ageing electrical, plumbing, and mechanical services, as well as the removal of asbestos. The work was funded by a temporary increase to the Sovereign Grant, the annual lump sum paid by the British government to fund royal duties.

Reactions to the Decision

Critics have questioned the decision not to move into the palace, citing the significant cost of the renovation. However, the King’s treasurer, James Chalmers, stated that the palace would remain the primary venue for ceremonial and official functions, including receiving foreign dignitaries.

Visitors to the palace have mixed reactions to the decision. Some feel that the palace’s magic is lost without the royal family in residence, while others are more interested in the building itself.

Original reporting: KRDO (Colorado Springs metro) — read the source article.