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As king, Charles inherits his mother queen Elizabeth II's private fortune, without paying inheritance tax

Charles to inherit queen's private fortune

Charles will also receive the annual Sovereign Grant from the UK Treasury, which is set at 15 percent of the profits from the Crown Estate, and which the monarch surrenders to the government under a deal dating back to 1760.
Queen Elizabeth II's reign encompassed to a large degree Britain's declining global influence, from an empire that once bestrode the world to a middle-ranking economy

All the queen's kingdoms: where did Elizabeth II reign?

At her death, she was head of state of: Antigua and Barbuda, Australia, The Bahamas, Belize, Canada, Grenada, Jamaica, New Zealand, Papua New Guinea, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Solomon Islands, Tuvalu and the UK.
Charles, Prince of Wales, has waited almost an entire lifetime to succeed his mother, Queen Elizabeth II

Charles finally becomes king

Since the death of his father Prince Philip in April 2021 and his mother's declining health, Charles has been noticeably more visible, tightening an inner circle around him with Camilla, his youngest brother Edward, William and Kate.
Prince Charles is the oldest and longest serving heir apparent in English history

Queen Elizabeth II dies aged 96

Queen Elizabeth II, the longest-serving monarch in British history and an icon instantly recognisable to billions of people around the world, died on Thursday.
Conservative party leadership hustings event in Belfast

Britain goes big to ease energy shock, EU meets on Friday

Britain will cap consumer energy bills for two years and funnel billions to prop up power companies, its new leader Liz Truss said on Thursday in a bid to tackle an energy crisis that has Europe and Russia squaring off in a deepening economic war.
New British PM Truss attends her first PMQs at House of Commons in London

New UK leader Liz Truss finalises huge power subsidy plan

Britain's new Prime Minister Liz Truss on Wednesday readied the final details of a plan to tackle soaring energy bills, which looks likely to cool inflation but add more than 100 billion pounds ($115 billion) to the country's borrowing.
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