British people will receive an extra bank holiday next year as a result of the King's coronation.
Similar to the coronation of the Queen back in 1953, the holiday will give people across the country an opportunity to come together to celebrate the new king.
On Monday the 8th of May, across all four nations, residents will get to an enjoy an extra day off following the coronation on Saturday the 6th of May.
King Charles' coronation will be held at Westminster Abbey, conducted by the Archbishop of Canterbury, Justin Welby.
The ceremony is rumoured to be shorter and more modest than previous ceremonies, with some reporting that it will only last an hour and will see King Charles crowned alongside his wife, Camilla, the Queen Consort.
The palace has said the ceremony would "reflect the monarch's role today and looks towards the future" while staying "rooted in long-standing traditions and pageantry".
Comparatively, the Queen's coronation on 2 June 1953 took three hours with a congregation of 8,000 dignitaries.
Rishi Sunak, the second Prime Minister to serve since the King inherited the throne in September, said: "The coronation of a new monarch is a unique moment for our country.
"In recognition of this historic occasion, I am pleased to announce an additional bank holiday for the whole United Kingdom next year.
"I look forward to seeing people come together to celebrate and pay tribute to King Charles III by taking part in local and national events across the country in his honour."