In a notable development, King Charles III has decided not to reside at Buckingham Palace. This decision comes after a significant refurbishment effort at the palace. The refurbishment program has been ongoing for 10 years and has come at a substantial cost.

The total expense for the program is 369 million pounds, which is equivalent to $487 million. Further details about this decision and the refurbishment program are available from ABC7 Los Angeles, the source of this information.