The Cost of the Crown

On Saturday, pomp, circumstance and royal wealth will be on display in the official crowning ceremony of King Charles III. The ceremony’s estimated price tag is 100 million pounds and comes at a time when so many people are struggling to put food on the table. This has led to questions about just how wealthy the royal family is and why they aren’t footing the bill. Reporter David Pegg has worked with The Guardian on a comprehensive investigative series into the royal finances called Cost of the Crown. Today, he takes us through where the monarchy gets its money, explains the secrecy around the Windsor fortune and breaks down the confusion about what belongs to the royals and what belongs to Britain. For transcripts of this series, please visit: https://www.cbc.ca/radio/frontburner/transcripts