​British Economy To Generate Approximately £500 Million From Wedding Ceremony

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Analysts have predicted that the second royal wedding between Prince Harry and Meghan Markle could worth at least £500 Million for the British economy.

Brand Valuation Consultancy, Brand Finance, forecast that the wedding will generate around £500million which is equivalent to USD$668million.

“We think approximately £200 million (USD$267million) will come from tourism, travel, hotels. About £150million (USD$200 million) will come from people spending money having parties and celebrating. 

About £100million (USD$133million) will be free advertising for the UK around the world and the remaining £50million (USD£66million) will be people buying t-shirts, hats, mugs and commemorative things to celebrate what will be a very popular wedding,” the company’s CEO, David Haigh, told Reuters.

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