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William Got Married, Britain Increased 6 Billion 200 Million Pounds &Nbsp, A 6 Billion Day Off.

2011/4/29 8:46:00 25

William'S Marriage Increase

  

William

and

Kate

Of

wedding

It can add 6 billion 200 million pounds to the UK, but the output is reduced by 6 billion pounds on holiday.


Today (April 29th), Moradi, the chief designer of Faviana, a fashion shop in New York, has a major task. She wants to get up at 4 in the morning and watch TV closely. In the moment when the British Princess Kate arrived at Westminster Abbey in London, she quickly set out to paint Kate's wedding dress style as a design.


Kate's wedding dress is the biggest attraction of today's royal wedding. Whoever can copy the princess's wedding dress with the fastest time will probably earn a lot.

Because of keeping secret, the outside world still does not know what Kate's wedding dress looks like.


When Moradi finished sketching at home, he had to rush back to the company to make proof.

On the way, Moradi will call the assistant, the proofing master and the marketing team.


Before the end of the week, Faviana will finalize all the details and send the finished samples to the factory for production.

The wedding dress will be sold online and department stores, priced at less than 2000 dollars.


In fact, countless businessmen are watching the great celebration of the British royal family, hoping to get a slice of it.


In every tourist souvenir shop on the streets of London, postcards, mugs, small flags and T-shirts printed with Prince William and Princess Kate are stacked, piling up the model of Westminster Abbey and Buckingham Palace.

These poorly produced tourist souvenirs were born in April 29th when Prince William was married.


The price of 1 rough mugs sold from 10 pounds is still very popular, just because of the above image.


According to estimates by Verdict Research, a market research firm, the royal wedding is expected to add 6 billion 200 million pounds to Britain's revenue, including direct revenue from retail and tourism sectors, as well as indirect revenue generated by boosting consumer psychology.


Wedding to boost the economy


"Before the wedding ceremony, almost all the main streets in London were building roads.

A few days before the wedding, people from Britain and even the rest of the world began to rush to London.

British Foreign Ministry officials told the first Financial Daily reporter: "people want to see the wedding of the prince and princess in their own eyes, last time more than 30 years ago. At the same time, for the British government, they hope to use this wedding ceremony to change the image of the British royal family on one hand, and more importantly, we hope to help the London traffic, tourism and even the whole British economy with the help of the prince's wedding."


There were 30 million foreign tourists travelling to London in 2010.

According to the British Tourism Department, Prince William's wedding may increase this figure by at least 600 thousand, increasing London's tourism revenue by 216 million.


According to the Moneysupermarket.com website and the British Retailers Association, consumers will spend 480 million pounds on food, drinks and decorations on the wedding day.


The British beer and Bar Association believes that the bar will additionally sell 100 million pints of beer during public holidays.


The mysterious British royal family has been a strong driving force for the British tourism economy. Nearly 19 billion of the annual revenue of the British tourism industry is about 600 million from the royal family, which is related to the castle and the royal palace.


With the influx of overseas tourists, hotels in central London are booming, and the rental business of residential houses is also unusually hot.

According to a renting website in Britain, rent demand increased by nearly 40% during the week before and after the big wedding day, while the growth rate of tenants from Europe, the United States and Japan exceeded 100%.

A London housing agency told reporters that London houses were expected to rent at least 40 pounds a week in a room, and there was no upper limit because of different locations.


For many British people, however, they are prepared to take advantage of this rare weekend holiday abroad.

The April 29th wedding day is a national holiday in the UK, which is only 3 days away from Easter holidays in from April 22nd to 25th, followed by the May 1 Labor Day. After Easter, only 3 days' leave is allowed to grow for 11 days.

The association of travel agencies has estimated that about 3 million 500 thousand people are ready to go abroad.


A loss of 6 billion a day


However, Littlewood, head of the British Institute of economic affairs, said that the marriage of the prince was negative for the overall economy of Britain.


"If you only sell from souvenirs and souvenirs, that should be helpful."

According to Wood, considering from the perspective of the whole economy, it will not have much impetus.

Due to the wedding of the prince and the national day off, according to the British research institute, the national shutdown will reduce output by 6 billion.


According to the statistics released by Investec Asset Management Co, due to the extra day bank holiday on the 29 day of the month, the GDP growth in the UK has probably shrunk by 0.25%.

Previously, the Federation of British industry predicted that one day's bank holiday would be extended by celebrating the marriage of the prince, which in itself could make the British economy lose 5 billion pounds.

There are also hotel operators who believe that this holiday will result in loss of business travel income.


In addition, because the wedding day is a national public holiday, the security officers who work for security are all working overtime, so the cost of the security of the wedding may be as high as 20 million pounds, three times the G20 summit and five times of the wedding of Prince Charles.


According to the preliminary statistics released by the National Bureau of statistics on 27, the UK economy grew by 0.5% in the first quarter of this year compared with the previous quarter. Although this increase is slightly better than some previous negative projections, it is still lower than the 0.8% predicted by the British government.

From the second quarter of 2008 to the third quarter of 2009, the UK economy continued to grow negatively for 6 quarters, the most persistent period after World War II.


However, a senior British Treasury official told this reporter that although the current economic data in Britain are not gratifying, the British economy has entered the growth track, and the British economy needs more growth drivers.

The official said Britain will achieve a strong recovery in 2013~2014.


 

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