The Little Princess and the British Royal Family Economics
The Little Princess and the British Royal Family Economics On May 3rd, Beijing time, Kate gave birth to a baby girl successfully at St Mary’s Hospital in London. This made the British royal family add one more member after Kate gave birth to the elder son George Alexander Louis on July 22, 2013.
On May 5th, London held a ceremony to celebrate and welcome Prince William and Kate’s little daughter was born. At present, the topics of Kate and Princess Charlotte of Cambridge are very popular all around the Britain. One of them is related to the economic value of the little princess. According to the British brand consultant company Brand Finance estimates, the birth of the little princess makes the British royal’s image value increase to 745 million Euros ( about 5650 million yuan). There is another expert of the retail trading calculates that the little princess can bring 100 million pounds (about 1000 million yuan ) business opportunity to the Britain.
It is said when Prince William and Prince Hurry’s mother, Diana Spencer was alive, she dreamed to have a daughter. And now, the left hand wearing Diana’s engagement ring’s Kate completed this wish. There was a hot discussion among the British about the name of the little princess, even the bet. According to the British media reported, the highest voice of the name is Diana, and then is Elizabeth and Charlotte, the last one is Alice. According to the report, if the little princess’s name is Alice, the gambling company will give customers 500 thousand pounds. The staff of gambling company said, “This is the biggest and fanciest market I have ever seen.”But, on May 3rd, “Charlotte”has been the hottest name. While on May 5th, the official announced that Prince William and Kate named the little princess Charlotte Elizabeth Diana, and British officials will call her “Princess Charlotte of Cambridge”. In fact, this name means that the little princess pays her respect to Prince William’s father, grandmother and mother.
The birth of the little princess made British economics grow rapidly. First one is St Mary’s Hospital. And also, so many souvenirs are appearing in the market. The Royal Mint will publish commemorative coins to celebrate the birth of the British
royal family member. And during these days, British Retail Trading has earned about 80 million pounds; this includes all kinds of souvenirs, cakes and champagne. And this will continue for a period of time.