KING Charles III, the newly appointed monarch, has approved an order that the day of the Queen’s funeral will be a bank holiday.

The date of the funeral is yet to be announced, although there is early speculation it could fall on Monday September 19.

King Charles III was formally proclaimed King this morning at the Accession Council Ceremony held at the state apartments of St. James Palace. The event was televised for the first ever time.

Keeping with tradition, the new monarch did not attend the ceremony, only joining after he was proclaimed monarch, to hold his first Privy Council meeting.

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Penny Mordaunt, the Lord President of the Council stated at the following meeting that a proclamation will appoint the day of the Queen's funeral as a bank holiday across England, Wales, Scotland and Northern Ireland.

King Charles III signed this, thus approving the bank holiday.

The newly appointed monarch said in his address: “I know how deeply you and the entire nation, and I think I may say the whole world, sympathise with me in this irreparable loss we have all suffered.”

“[The Queen's] reign was unequalled in its duration, its dedication and its devotion. Even as we grieve, we give thanks for this most faithful life.”