£370m to refurbish Buckingham Palace - but King won't live there

The Royal Family have released new documents disclosing details of their financial affairs, including the £370m price tag of the renovation of Buckingham Palace.

Despite the lavish refurbishment, King Charles and Queen Camila will reside at Clarence House instead of the London landmark, which will instead remain the operational centre of "monarchy HQ".

The disclosure comes as the King publicly releases details of his personal tax affairs as part of an effort to increase transparency in a first for a British monarch.

The documents also outline the cost of domestic and international travel undertaken by members of the Royal Family to the year ending 31 March 2026. But they only include details of trips that cost more than £20,000.

The Prince of Wales's three-day visit to Saudi Arabia in February was the most expensive at £130,106. The figure also includes a staff planning trip.

One journey on the royal train to Lancaster in June 2025 cost £48,460.

The release also includes the cost of smaller trips, such as journeys the King takes between his residences, which can cost as much as £24,000.

The document also said that the Royal Family had spent £3,316,024 on trips that cost less than £20,000, including 177 journeys by helicopter (£733,063), 60 by charter flight (£837,998), other scheduled flights (£219,819) and rail trips (£85,279).

See details of the trips in the table below.

(c) Sky News 2026: £370m to refurbish Buckingham Palace - but King won't live there