Kate & Wills - A Short-term boost to demand

You might be like me - totally disinterested in the Royal Wedding on 29 April 2011 and almost certain NOT to buy any wedding souvenirs, memorabilia and associated tat.  However, there are still plenty of people who will be happy to dip into their disposable income to join the celebrations.  As this video explains, the wedding is estimated to boost UK retail sales by around £600m, with a range of different retailers and tourism enterprises well placed to benefit…

How significant is the £600m retail boost?  In the big scheme of things - not very. However it will be a welcome increase for hard-pressed retailers who are starting to feel the heat in the retail recession of 2011.

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Demand and Supply in Sction - Haggis [25 Jan 2010]
Product, pricing and profitability in a changing market [20 Jan 2010]
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Demand and supply in action - tea prices surge [4 Aug 2009]
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Welsh Business Benefits from the Ashes [8 Jul 2009]
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Q&A - Explain the causes of inflation [1 Jul 2009]
Recession Bites - new food shopping habits [29 Jun 2009]
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A boom period for the UK domestic holiday industry [28 May 2009]
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Video case study - subsidy boosts demand for small cars [23 May 2009]
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Video case study - German Car Industry [1 May 2009]
Q&A - What are commodities and how are their prices determined? [1 May 2009]
Q&A - What is market demand? [1 May 2009]
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Demand and supply in action - oil [11 Apr 2009]
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Q&A - What are the main causes of a cash flow problem? [1 Apr 2009]
CelebAir - Price Elasticity of Demand Exercise [7 Mar 2009]
Revision Quiz - Price Elasticity of Demand [7 Mar 2009]
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