The marriage of Henry Windsor (aka “Prince Harry”) is unlikely to help the precarious British economy and may harm it if there is an extra public holiday, according to the Financial Times.
Embed from Getty Images
The newspaper reported that an Office for National Statistics analysis of the economic effects of the monarchists’ celebration of the wedding of William Windsor in 2011 concluded that it was “responsible for a fall of 1.2 per cent in output in services industries, a 1.6 per cent fall in the index of production and a 1.4 per cent fall in manufacturing production in April, compared with the previous month”.
Downing Street denied that there was a plan for an extra holiday in 2018. However, the temptation to distract attention from Brexit problems may prove hard to resist.