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Wedding plans a royal pain
Marriage of Will and Kate must be grand, but not too expensive
“I’m sure they would like to have a significant role in making the wedding run smoothly. They would pay for something as part of the reception, or the honeymoon, perhaps,” he said.
At the very least, taxpayers will have to foot the bill for security, including the large number of police on duty that day. Further public funding would have to be approved by Parliament and could spark a backlash - although some Britons said they’d be willing to contribute.
“If everyone paid out maybe five or 10 pounds [$8 to $16], just think how that would add up,” said retiree Susan Dowling, 74. “I’m excited for this wedding and I’ll surely help out.”
Julie Marks, a 25-year-old London chef, was also willing to chip in.
“I’d pay 50 pounds [$80] tops,” she said. “But if everyone did, it would certainly help.”
Analysts say the wedding will be an economic boon for Britain. Neil Saunders, consulting director at Verdict retail analysts, said the economic kick from the wedding could reach $985 million.
“If, as expected, it is a big set-piece event, it could well capture the nation’s imagination and provide a fillip [boost] to the retail sector,” he said.
Mr. Saunders said sales of food and champagne for private celebrations could be worth $575 million and tourism could benefit by more than $320 million.
David Buik, market analyst at BGC Partners in London, said he was “much looking forward to the William and Kate feel-good factor taking effect on our economy and our morale.”
In addition to an expected hotel, restaurant and retail boom from tourists traveling to London for the occasion, retailers are rushing to cash in with Kate-and-Wills merchandise.
Asda, Wal-Mart’s British supermarket chain, tweeted glad tidings that a commemorative mug would be available soon for $8.
The royal wedding also could help raise the spirits of a country still recovering from the worst economic downturn in half a century, and facing the unknown impact of deep government spending cuts.
The queen’s wedding in 1947 lifted Britain’s postwar gloom and came just days after the government announced a reduction in rations.
Her ceremony at Westminster Abbey was described as simple: the same as for “any cottager getting married in her village church,” one of the priests said.
Well, except for the gilded carriage and a 500-pound wedding cake.
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