Home News Prince Harry, Meghan Markle’s wedding to generate £500 million for British economy

Prince Harry, Meghan Markle’s wedding to generate £500 million for British economy

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Prince Harry, Meghan Markle

Prince Harry, Meghan Markle

Royal wedding between Prince Harry and Meghan Markle could be worth at least £500 Million for the British economy, analysts predicted.

Harry and his fiancée will marry on Saturday May 19 in Windsor castle.

Brand Valuation Consultancy, Brand Finance, forecast that the wedding will generate around £500million (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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