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Saturday, April 23, 2011

Feast of the UK economy


Feast of the UK economy has the potential to overload a Rp450 trillion!

           London - In certain cases the British royal family's wedding about was no different than most weddings, for example, about how many guests, the wedding dress, or about the jewelry worn. But, of course, the marriage of the royal family are very different in many respects. As recent estimates, the marriage between Prince William and his fiancee, Kate Middleton, will open many business opportunities in London, but at the same time would cost the UK economy of U.S. $ 50 billion (about Rp450 trillion)! Wow ... how arithmetic-calculation?

Jacqueline French, from London institutions and Partners Tourism promoters, revealed that it would be many events and business opportunities in London with the arrival of hundreds of thousands of people from all over the world to witness the marriage William-Kate directly.

"If we just equate the number of visitors to the upcoming wedding with guests at the wedding of Prince Charles and Princess Diana in 1981, which is about 600 thousand people, we will reap at least U.S. $ 80 million," said French, released cbsnews.com, Saturday (23 / 4) .

The amount of money that comes from spending by tourists, including meals and lodging them while they're in cities including cost of living in the world's most expensive. That does not include spending for a variety of wedding gift or a souvenir of London.

However, economists warned, the economic burden of the UK with the event that far exceeds the money that diraup. The extra fee must be paid for the state to pay the employee overtime related to marriage William-Kate could reach U.S. $ 35 million, far exceeding the national budget for the royal family of U.S. $ 13 million per year.

Again, the number was not how. When the British people celebrate the marriage, they automatically will not work. Then, because of holidays marriage is between two long holidays in Britain, causing total holiday could stretch to 11 working days.

"That means lower productivity, which if counted could be worth U.S. $ 50 billion," said Investec economist Philip Shaw.

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