^^ It wasn’t just the cost of holding it, it was the cost of giving the entire UK a day off that was the real expense.
But.
Overall, the exposure & worldwide media interest can be converted into Pounds Sterling from not just local celebratory spending & international tourism for the occasion but potential future tourism visits. I read somewhere immediate cash injection into the economy, mainly from foreign tourism, at around £600 million to a billion, and future visits over the next couple of years an optimistic 2 billion pounds.
However, there are various articles bandying cost figures about, ranging from a couple of billion pounds to 6 billion because of the multiple public holidays in the months of April & May being exacerbated by an additional public holiday. This encouraged more people to take advantage of just taking 3 days leave in order to get an effective 11 days off. Some businesses simply shut down during this period.
The UK had the following days off last month:
Friday 22nd (Good friday)
Monday 25th (Easter Monday)
Friday 29th (Royal wedding)
Monday 2nd May (Day off on Monday in lieu of May 1st being on a Sunday)
Anyway, right now there’s too much speculation, I’ll wait for the financial year end and we might see some real figures. Consider the “factoid” being reported that 2 billion people watched the Royal wedding. Ludicrous, of course. Look out for a programme called More or Less from Radio 4
—
By the way, Schrank is often in the UK newspaper, The Independent, and knows Britain well.I think what he is referring to is what awaits or stalks the Royal couple: the Duty Protocol menace…
meh
DavidGBA about 13 years ago
Naw, just a few dozen million. Give them circus!
OmqR-IV.0 about 13 years ago
^^ It wasn’t just the cost of holding it, it was the cost of giving the entire UK a day off that was the real expense. But. Overall, the exposure & worldwide media interest can be converted into Pounds Sterling from not just local celebratory spending & international tourism for the occasion but potential future tourism visits. I read somewhere immediate cash injection into the economy, mainly from foreign tourism, at around £600 million to a billion, and future visits over the next couple of years an optimistic 2 billion pounds. However, there are various articles bandying cost figures about, ranging from a couple of billion pounds to 6 billion because of the multiple public holidays in the months of April & May being exacerbated by an additional public holiday. This encouraged more people to take advantage of just taking 3 days leave in order to get an effective 11 days off. Some businesses simply shut down during this period.
The UK had the following days off last month: Friday 22nd (Good friday) Monday 25th (Easter Monday) Friday 29th (Royal wedding) Monday 2nd May (Day off on Monday in lieu of May 1st being on a Sunday)
Anyway, right now there’s too much speculation, I’ll wait for the financial year end and we might see some real figures. Consider the “factoid” being reported that 2 billion people watched the Royal wedding. Ludicrous, of course. Look out for a programme called More or Less from Radio 4 — By the way, Schrank is often in the UK newspaper, The Independent, and knows Britain well.I think what he is referring to is what awaits or stalks the Royal couple: the Duty Protocol menace… meh
pirate227 about 13 years ago
…and they lived happily ever after.