The poll included responses from 4,246 adults of which in the age group 18-24, 62 percent said that the coronation 'should not' be funded by the government. This was followed closely by 25-49 year olds in which 55 percent said it should not be government funded. Although, in the 65+ age group, most agreed that the coronation should be funded by the public- 43 percent.
King Charles coronation is scheduled to take place on May 6 and comes at a time when Britain's economy suffers owing to a severe cost of living crisis.King Charles III's coronation could cost £100million, several reports have said. Meanwhile, the ceremony for Queen Elizabeth II was estimated to have cost a total of £1.57million.
“In today's money the 1953 Coronation cost around £50million but estimates for King Charles's are twice that because of things like security, which weren't such a big issue back then. But worldwide TV rights will more than cover the cost and it will be a massive boost to tourism. Hotels are already being booked out for the Coronation weekend,” The Sun reported.