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Those who do carry out official engagements on behalf of the monarch are often described as “working royals”. The monarchy operates inside a constitutional framework, with succession decided by statute and long‑standing conference. King Charles III’s coronation in Might 2023 marked a new era for the monarchy, whereas Prince William and Catherine have increased their public duties. Latest news on British Royal Family, with updates on King Charles III, Queen Camilla, William, Catherine, George, Charlotte, Louis, Harry, Meghan, and royal occasions. Use profiles to select personalised content material.
The King additionally privately owns Sandringham Home in Norfolk and Balmoral Fort in Aberdeenshire, which are his personal property, inherited from Elizabeth II. The Palace of Holyroodhouse and Hillsborough Castle serve as official royal residences when the monarch is in Scotland or Northern Eire, respectively. Each Buckingham Palace and Windsor Castle, the monarch’s weekend residence in Berkshire, are used to host state visits. The monarch also receives the revenue of the Duchy of Lancaster, and the Prince of Wales receives the income of the Duchy of Cornwall. Senior members of the royal household, who symbolize the monarch, draw their revenue from public funds often known as the Sovereign Grant, an annual cost of the British authorities to the monarch. Given the royal household’s public position and actions, it is generally referred to by courtiers as “The Agency”, a term that originated with George VI.
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