Britain is in a state of emergency.

This Wednesday, the late Queen Elizabeth II is to be publicly laid out in Westminster Hall in London, and many thousands of mourners are already queuing to see her one last time.

King Charles III

and his sons William and Harry are then said to walk behind the coffin as it was transported from Buckingham Palace to Westminster Palace, crowds lining the road.

Philip Pickert

Business correspondent based in London.

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Meanwhile, there is also discord in the royal household.

As the Guardian newspaper reported, dozens of the new king's employees at his old residence, Clarence House, have been made redundant.

Clarence House on The Mall in London has been the official residence of the Crown Prince.

Up to 100 employees are said to have received letters of possible redundancy earlier this week as Charles' offices move to Buckingham Palace.

Clarence House is closed.

The king's private secretary assured the anxious employees that they would be given all possible help to make the transition.

The close personal associates take the king and queen with them.

It has not yet been confirmed that they will be living at Buckingham Palace in the future.

The Guardian's report was worded to make the new king appear heartless.

The issue of inheritance and inheritance tax is also a concern for some Britons, especially those who are skeptical about the monarchy.

Charles III

does not have to pay inheritance tax on what his mother bequeathed to him under a regulation made in the early 1990s.

This was what the then government of John Major did with the crown in 1993.

It is not known how much the Queen will inherit

The Treasury wrote at the time: "The reason there is no tax on assets passing to the next sovereign is that private assets such as (castles) Sandringham and Balmoral are used for both official and private purposes and that the monarchy as an institution needs sufficient private resources to enable it to fulfill its traditional role in national life and to enjoy a degree of financial independence from the government of the day.”

It is not known how much wealth Queen Elizabeth II left to her family.

Your will will not be published.

Your fortune is likely to be smaller than many suspect.

In the past it was sometimes said that Elizabeth II was one of the richest women in the country, but this was based on the error of attributing crown assets to her personally, which are held by the crown in a quasi-fiduciary capacity.

A few years ago, financial news agency Bloomberg put the Queen's personal fortune at £277 million, while The Times rich list in 2015 put her at an estimated fortune of £340 million.

According to Bloomberg's estimate, Queen Elizabeth owned just under £50m in investments, with just over £100m from her mother's inheritance, plus her grandfather George V's stamp collection, valued at the time at £48m.

Her stud at Sandringham is said to have been worth £6.5million.