Jubilee utter waste of money

[Diver]

http://www.brandfinance.com/images/u..._release_1.pdf

Brand Finance Plc values The UK Monarchy ‘Brand’ at £44 billion ($70 billion)
 The intangible asset value of the Monarchy is £26 billion and a tangible asset value of £18 billion according to a new study launched today by Brand Finance.
 The Queen’s Diamond Jubilee celebrations in 2012 are due to give an estimated £924 million uplift to the Leisure, Tourism and Accommodation industry
 However, the extra Bank Holiday costs the UK Economy around £1.2 billion.
Brand Finance has launched a study on the Monarchy as a ‘brand’ to coincide with the Queen’s Diamond Jubilee celebrations. The latest report values the Monarchy from an economic perspective and as a brand with an impact of £44 billion on the UK Economy as well as assessing the emotional, political and constitutional arguments for The Royal Family.
The Monarchy’s contribution to the UK economy is considerable and in this Diamond Jubilee year of 2012 Brand Finance estimates the revenue uplift to the UK economy will be £2.4 billion offset by costs of £1.4 billion giving a net uplift of £1 billion to GDP.
UK businesses also benefit from Royal Warrants and Brand Finance research has valued the scheme at £4 billion and there is also a significant reputational benefit to individual UK businesses from the Monarchy once they have been granted a Coat of Arms which Brand Finance valued at £400 million.
Brand Finance’s new study has also taken into account the costs of the Monarchy which in the long term are valued at £7.6 billion after including the Civil List (valued at £461 million), Property Maintenance (valued at £387 million) and Security for the Royal Family which is valued at £3.2 billion. However thanks to the Jubilee there will be an uplift to Leisure, Tourism and Accommodation in 2012 of £934 million (£600 million of recurring revenue from the Monarchy and £324 million specifically due to the Jubilee) which indicates that the Queen's Diamond Jubilee alone will instigate an uplift of nearly a billion.

[oscarose]

I'm no Royalist, but I did see a lot of happy people around over the weekend. Let them have their parties and fun and fireworks, and good luck to them

+1

[TiroFijo]

Put a sock in it and let those of us who love our Queen enjoy this special occassion.

As Mel Philips said in her DM column yesterday, she is the glue that holds the fabric of this nation together.

could ave done with some of that royal glue during the laaandan riots last year.

[TiroFijo]

Tourist would still come, just turn all the properties into museums, not as if any tourists see the actually wastes of spaces anyway.

actually they are snubbing laandan and going to the isle of skye after seeing prometheus

[TiroFijo]

The royal family is an asset of this country

you are merely and ass.................et

Oops Typo

when you say country, you are most certainly speaking of england. scotland gets plenty of tourists and they don't rely or need some royal family to get them coming. shirley you must have other attractions to get the yanks flying over?

[Diver]

when you say country, you are most certainly speaking of england. scotland gets plenty of tourists and they don't rely or need some royal family to get them coming. shirley you must have other attractions to get the yanks flying over?

Yes but none as affective as the Queen

and don't call me Shirley

[TiroFijo]

I doubt The Daily Mail or Daily Express would manage to function without the royals?!

wrong, just be more news about benefits scroungers and immigrants.

[d000hg]

when you say country, you are most certainly speaking of england. scotland gets plenty of tourists and they don't rely or need some royal family to get them coming. shirley you must have other attractions to get the yanks flying over?

When you say 'plenty' you mean about 5% of what the UK as a whole gets? Hardly a powerful argument. Whereas approx 50% of the entire UK's tourists visit London.

[BrilloPad]

When you say 'plenty' you mean about 5% of what the UK as a whole gets? Hardly a powerful argument. Whereas approx 50% of the entire UK's tourists visit London.

Making the place a misery. Why can't we move the houses of parliament and buckingham palace to somewhere that could do with them? One of those Lancashire mill towns beginning with B?

[d000hg]

If you don't like people, don't live in London you fool!


Although most of the people in London don't like people so maybe London is the best place for people who don't like people.