The King is said to be ‘very aware’ of the living cost crisis – so much so that he is planning a ‘less expensive’ coronation ceremony than his mother’s.

The new monarch is also creating a ‘slimmed down’ working monarchy in response to the financial woes of Britain, according to reports.

A royal source told the Mirror the coronation would be ‘shorter, smaller and less expensive’ than the Queen’s ceremony in 1953.

A date for the ceremony is yet to be confirmed.

The source told the paper: ‘The King is very aware of the struggles felt by modern Britons so will see his wishes carried through that although his coronation ceremony should stay right and true to the long held traditions of the past, it should also be representative of a monarchy in a modern world.’

May and June 2023 are among the possible dates for the coronation ceremony. 

The Mirror was also told Charles had ‘long been an advocate of a streamlined or slimmed down monarchy’ and may reduce the number of working royals.

‘He has already spoken of his wish to continue his mother’s legacy and this includes continuing to recognise what the people are experiencing day by day,’ the royal source added.

The move has strong public support, according to a poll commissioned by the Daily Express.

Some 65% of survey participants backed the idea, with only 7% opposed.

The Queen’s death marks a huge moment of transition for members of the royal family as they take on new roles, titles and responsibilities.

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The Express reports the number of working royals could be cut to seven, which it said would likely be the King, Queen Consort, Duke and Duchess of Cornwall and Cambridge, the Princess Royal, and the Earl and Countess of Wessex.

The paper’s survey of 2,351 Britons also found that reducing the cost of the monarchy was the public’s second biggest royal priority, after giving support to environmental issues.

The First Minister of Wales, Mark Drakeford, said the living cost crisis was addressed by Charles during his visit to Cardiff on Friday.

Mark Drakeford told TalkTV: ‘The King has always had a very direct interest in the things that are happening in contemporary Wales, the future of our agriculture, the impact of climate change.

‘He mentioned the impact of the cost-of-living crisis and how that will impact on people here in Wales.

‘He [Charles] is concerned as to how people will manage through what is going to be a difficult winter.

‘He was interested to tell me about some of the projects that he has heard of, or become involved in dealing, for example, with food waste, making sure that we don’t waste a precious resource when some people might be going without.’

The King also faced protests from anti-royalists during his visit to Wales.

Demonstrators held signs demanding an end to austerity and action on the living cost crisis.

The King flew to Scotland on Tuesday with the Queen Consort to grieve privately, as the royal family continues its period of mourning for the late monarch.

His mother was laid to rest together with the Duke of Edinburgh on Monday evening in a private service attended by the King and the royal family, which followed her state funeral at Westminster Abbey and committal service in Windsor.

Buckingham Palace said the inscription on the ledger stone in the George VI Memorial Chapel now has the names of the Queen, her parents and Philip, along with their years of birth and death.

The stone contains, in list form, ‘George VI 1895-1952’ and ‘Elizabeth 1900-2002’ followed by a metal Garter Star, and then ‘Elizabeth II 1926-2022’ and ‘Philip 1921-2021’.

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