According to Brand Finance, the UK monarchy’s capital
value as a business sits at £67.5bn, while its annual contribution to the UK economy is £1.76bn . Meanwhile, for the taxpayer, the annual cost per head is roughly 1p a day.
It’s not exactly accurate though is it?
These are all estimated values, based mostly on the value of the architecture of the ‘royal estate’ buildings, which would still draw in visitors whether there were a royal family or not.
Brand Finance are far from impartial too as the report itself was prepared as stated.
“To coincide with the granting of the Brand Finance Coat of Arms by the College of Arms”
The same College of Arms, who are also known as Heralds’ College, situated in the City of London. It consists of thirteen officers: three Kings of Arms, six Heralds of Arms and four Pursuivants of Arms, who are appointed directly by the Sovereign.
I understand that many people like & want to keep the monarchy, but to quote from Republic about the royals & their impact on tourism:
“The monarchy is part of our constitution. It’s corrupt, secretive, bad for our politics and totally unprincipled. Saying we should keep it because of some money coming in from tourism is an amoral argument, it says we’re more concerned about doing what’s profitable than what’s right”
Link below. It’s an interesting & thought provoking read, whether you like the royals or not.
CHANGE THE COUNTRY FOR GOOD.
www.republic.org.uk