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How much does a Royal wedding boost the economy?

6th December 2017

With the announcement of Prince Harry’s engagement to Meghan Markle and plans for their wedding in May 2018 now underway, discussions of how much is being spent on the couple’s nuptials have also begun. Harry and Meghan’s wedding is set to be far less elaborate than that of Prince William and Kate Middleton in 2011, which is likely to reduce the bill to the taxpayer by some margin. But will this also have the effect of shrinking the amount the UK is likely to see in the revenue generated by the event?

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