Royal wedding boost for UK economy
Wednesday, November 17, 2010
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So by now we have all heard the news of William and Kate’s wedding in 2011. I bet though that your first thoughts weren’t about how it could boost the economy. Tourism, merchandising and broadcasting among the best placed sectors to make large sums of money from the event. Also the feel good factor is likely to boost spending in the economy as whole.
According to research by Visit Britain the attraction of Royalty already attracts £500 million in spending, so what could the Royal wedding bring in? Charles and Diana’s wedding was cited as the reason tourists were most likely to visit the UK in 1981. International viewing figures for the television broadcast of Charles and Diana’s wedding were estimated at over 750 million.
Read more here.
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