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Reports Point to Buckingham Palace Shifting to Events-Only ‘Monarchy HQ’ After £369m Overhaul

A new bill would let officials trim the Sovereign Grant after the refurbishment.

Overview

  • New coverage cites an unnamed source saying the King and Queen plan to use Buckingham Palace for investitures, receptions and banquets but not as a place to sleep.
  • The renovation began in 2017, carries an estimated public cost of about £369 million, and is scheduled to finish in 2027 with work on private apartments in the North Wing.
  • The government has introduced a Sovereign Grant Bill that would allow the annual royal funding to fall once the works end, with the Royal Trustees setting the new amount.
  • King Charles and Queen Camilla continue to live at Clarence House, and royal reporters say Prince William and Princess Kate intend to keep their family base at Windsor’s Forest Lodge.
  • Supporters like designer Nicky Haslam warn that turning the palace into an office could drain its “magic” and dull its draw for visitors who now tour it only during set months.