Next spring’s wedding of Prince Harry and Meghan Markle won’t do much to counter the Brexit effect and boost the UK’s laggard economy. Past royal weddings have done little for business, and have sometimes hamstrung GDP growth, as per Prince William and Kate Middleton tying the knot back in April 2011, according to The Financial Times.
For that event, the UK got an extra public holiday, a few days after Easter and just prior to the May Day bank holiday. That, coupled with the warmest April in 100 years, led to people taking breaks from work, and many left the country for longer holidays.
There are, however, no plans for a holiday for Harry and Meghan. “That may be good news for economic output, which tends to suffer when people don’t go to work,” the FT points out.