How Much Will Britain Earn from King Charles III's Coronation?

Despite widespread objections to the enormous cost of the coronation of King Charles III, which comes 70 years after the last ceremony, the late Queen Elizabeth's coronation, Buckingham Palace has confirmed that the expected profit from the coronation day could reach one billion pounds, thereby not affecting the economy. The cost of the ceremonial proceedings is around 155 million pounds, with a significant portion of this expense allocated to security measures.