This is a money maker. King Charles III of the UK is expected to be crowned on June 3 next year in a ceremony at Westminster Abbey.
Speaking on condition of anonymity before a public announcement, the government officials said plans are converging on that Saturday near the start of the summer although discussions over which other days will become official holidays are still going on. Buckingham Palace declined to comment.
This event is scheduled at the beginning of the summer season so that it will draw larger crowds of visitors. According to its annual report of 2019-20, a record 3,285,000 people visited the official residences, generating approximately £49,859,000. From a retail perspective, gift shop sales of the royal collection made £19,983,646 in a single year, making its total income of the year to be £71,526,000.
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