Inflation hits royal finances as King Charles turns down heating to save emissions

FILE PHOTO: Britain's King Charles takes his seat as he attends the Climate Innovation Forum at the Guildhall in London, Britain, June 28, 2023. Justin Tallis/Pool via REUTERS/File Photo

LONDON (Reuters) - Soaring inflation has hit the finances of the British royals, pushing up expenditure, Buckingham Palace said on Thursday, as it revealed King Charles had ordered the heating in royal homes to be turned down to cut emissions.

The annual Sovereign Grant report, which details the royals' taxpayer-funded spending and income, detailed that the monarch said thermostats should be turned down to 19 degrees Celsius (66.2°F) to cut greenhouse gas emissions, in keeping with his long-term environmental campaigning.