‘No complacency’ about coronation security after Buckingham Palace arrest
The government is “in no way complacent” about security surrounding the King’s coronation after a man was arrested outside Buckingham Palace overnight, the security minister has said.
Tom Tugendhat added that he is “very proud of the response” to the incident.
A man was arrested after throwing what is suspected to be shotgun cartridges into palace grounds, the Metropolitan Police said.
A precautionary controlled explosion was carried out outside the palace and the man was held on suspicion of the possession of an offensive weapon, the force added.
Officers said a knife was found on him but he did not possess a gun.
Police stand guard outside the gates of Buckingham Palace after a man was arrested
Mr Tugendhat told Kay Burley on Sky News: “I’m very glad to see that the police reacted incredibly quickly, incredibly professionally, to the incident last night.
“We’re in no way complacent. And I’m very, very proud of the response that the police have done.
“The intelligence services, the police and others have been working on this extremely effectively for months.”
Buckingham Palace confirmed neither the King nor Queen Consort were at the palace at the time of the incident.
Scotland Yard said they are not treating the incident as terror-related.
Tom Tugendhat said he is ‘very proud’ of the police response
Asked how much security for the coronation would cost the taxpayer, Mr Tugendhat was unable to give a figure.
He said: “It’s very difficult to pull that out as a separate figure for the simple reason that we’ve got an enormous amount of effort going in for a major incident like this in different parts of the country – because there are people getting together in streets, there’s people getting together in gatherings across the country because this is a moment of national celebration.
“What I think is worth looking at, though, is how much this is bringing to the country in terms of the number of tourists who are coming, the amount of attention that is coming and indeed, I hope, the amount of business that will be generated by heads of state and government and other business people coming to the UK at this time to see what we offer.”
Pressed on figures of at least £100m just for security, Mr Tugendhat said: “It’s not a figure that I recognise, sorry.”
He said: “Forgive me for not being able to break it down at this point.
“The reason I don’t want to do that is because there’s police forces around the country who are doing different things and answer slightly differently through their own different structures.”
He said he did not have a number for how much it was costing the Metropolitan Police, but added: “What I’ve been doing is making sure that the Met are ready, and that means preparing with them and the National Crime Agency and the intelligence services to make sure they have all the resources they need.
“We have spent an awful lot of time over the last several months preparing for any number of different threats because the reality is this is a very complex event.”
Martin Lewis says motorists who were mis-sold car finance are likely to receive “hundreds, not thousands of pounds” – with regulators launching a consultation on a new compensation scheme.
The founder of MoneySavingExpert.com believes it is “very likely” that about 40% of Britons who entered personal contact purchase or hire purchase agreements between 2007 and 2021 will be eligible for payouts.
“Discretionary commission arrangements” saw brokers and dealers charge higher levels of interest so they could receive more commission, without telling consumers.
Pics: PA
Speaking to Sky News Radio’s Faye Rowlands, Lewis said: “Very rarely will it be thousands of pounds unless you have more than one car finance deal.
“So up to about a maximum of £950 per car finance deal where you are due compensation.”
Lewis explained that consumers who believe they may have been affected should check whether they had a discretionary commission arrangement by writing to their car finance company.
However, the personal finance guru warned against using a claims firm.
“They’re hardly going to do anything for you and you might get the money paid to you automatically anyway, in which case you’re giving them 30% for nothing,” he added.
Read more: How to tell if you’ve been mis-sold car finance
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Who’s eligible for payout after car finance scandal?
Yesterday, the Financial Conduct Authority said its review of the past use of motor finance “has shown that many firms were not complying with the law or our disclosure rules that were in force when they sold loans to consumers”.
The FCA’s statement added that those affected “should be appropriately compensated in an orderly, consistent and efficient way”.
Lewis told Sky News that the consultation will launch in October – and will take six weeks.
“We expect payouts to come in 2026, assuming this will happen and it’s very likely to happen,” he said.
“As for exactly how will work, it hasn’t decided yet. Firms will have to contact people, although there is an issue about them having destroyed some of the data for older claims.”
He believes claims will either be paid automatically – or affected consumers will need to opt in and apply to get compensation back.
Read more from Sky News:
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The FCA estimates the cost of any scheme – including compensation and administrative costs – to be no lower than £9bn.
But in a video on X, Lewis said that millions of people are likely to be due a share of up to £18bn.
The regulator’s announcement comes after the Supreme Court ruled on a separate, but similar, case on Friday.
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