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Royal Wedding : Net Benefit or Cost
30th April 2011
The royal extravaganza is expected to boost the UK economy coffers over the coming months by up to £2 billion with an influx of tourists. Subtract the costs of staging the wedding and it represents the boost needed for the economy.
However, it should be factored in that the lost output in the economy due to the public holiday may have had a greater cost.
Read this article from The Guardian