Royal baby set to boost economy

Research estimates we'll spend millions celebrating new royal arrival

royal-baby-set-to-boost-economy_48024

The arrval of the new royal baby next month will trigger a £243 million spending spree across the country, according to new research. 

Advertisement

The Centre for Retail Research has calculated we’ll guzzle millions of bottles of champagne toasting the birth, gorge on £25 million-worth of food – and spend £56 milion on souvenirs, £24 million on toys and £76 million on books and DVDs. 

The baby theme has already begun online and in shops: the official shop at Kensington Palace is selling ‘grenadier guard’ sleepsuits for £22.99, while the Middleton family business is selling a ‘new arrival’ range on its party-themed website.

Read more…

Advertisement

Comments ()

Please read our Chat guidelines.