People are comparing the Grenfell victims fund with the £369m Buckingham Palace refurbishment

In the wake of the Grenfell Tower tragedy earlier this week, Prime Minister Theresa May has pledged a £5 million fund to help the victims.

Hundreds of Grenfell residents were forced to flee their homes leaving everything behind when a fire ripped through their building in the early hours of the morning.

Police have confirmed that 58 people are presumed dead in the disaster. That number is likely to rise.

The fund from the government is intended to help survivors purchase the daily essentials - with Theresa May telling Emily Matlis on the BBC that it was for people...

Just to buy the normal things of every day life.

Many Twitter users have decided to compare the £5 million Grenfell fund with the £369-million expected to be spent on a refurbishment of Buckingham Palace, over a 10-year period.

Back in November, it was confirmed that the Palace would be given the expensive facelift, which would come from a 66% increase in the Sovereign Grant - the funding for the monarchy and their official duties.

Members of the public were not impressed with the news and set up a petition at the time stating that the Royal Family should foot the bill themselves.

The Queen and Prince William visited victims of the fire on Friday, fuelling further criticism of PM Theresa May's response to the disaster.

It is true that the amounts of money differ hugely, but it must be pointed out that both are intended for hugely different purposes over different time frames.

Police and Fire services are continuing to work at the Grenfell building in order to determine how many lives were lost and what the exact cause of the fire was.

More: The Queen managed to make it to Grenfell Tower and people are making an important point about 'security'