The coronation an upbeat interlude in a country going from Brexit to Bregret

U.K. consumers have been facing the worst decline in living standards since the 1950s as a result of the combination of soaring inflation and central bank-decreed increases in borrowing costs.

The May 6 coronation of King Charles III was forecast to create a one-time boom for much of the U.K. economy, with the hospitality and travel sector alone looking for a $1-billion-plus shot in the arm, writes Les Whittington. Screenshot courtesy of YouTube/The Royal Family Channel

Opinion

BY LES WHITTINGTON

May 10, 2023

OTTAWA—An extra 17 million pints of beer were expected to be poured in the United Kingdom over the special three-day weekend laid on to celebrate King Charles III’s coronation. Retailers were selling $650,000 diamond rings, royal-themed teddy bears, biscuit tins, and oth...

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