King Charles III will not reside at Buckingham Palace, according to reports that cite a shift in royal living arrangements. The Daily Telegraph and Daily Express feature headlines suggesting the monarch will not occupy the palace.

Meanwhile, the monarchy's core funding is projected to double within three years, reaching £100 million annually. This adjustment stems from a new formula agreed upon before parliament, which allocates 20.5 percent of Crown Estate profits to the royal household, an increase from the previous 12 percent, The Times reports. IMAGE5: Public funding for royals will double in three years, reads the headline on the front page of the Times. IMAGE7: A palace not fit for a King, reads the headline on the front page of the Daily Express. IMAGE3: King will never live at the Palace, reads the headline on the front page of the Daily Telegraph. IMAGE9: Buckingham Palace bombshell: Big bucks for an empty home, reads the headline on the front page of the Daily Mirror. IMAGE11: The buck stops here: No monarch to live at Palace, reads the headline on the front page of the Daily Star. IMAGE1: "The buck stops here!" reads the headline on the front page of the Sun.

Separately, the UK is experiencing record heat, with the Metro newspaper highlighting "Prickly heat!". IMAGE6: Prickly heat reads the headline on the front page of the Metro.

In international news, the Times also reports on a double earthquake in Venezuela, with magnitude 7.2 and 7.5 quakes striking within 39 seconds of each other, leaving hundreds feared dead. SOURCE1: The Papers: 'The buck stops here!' and 'Prickly heat!': BBC News