MEAK Weekly Specialized Economic Report No. 433
Prepared by Prof. Dr. Moustafa El-Abdallah Al Kafry
MEAK Weekly Specialized Economic Report No. 433
The British economy during the reign of Queen Elizabeth II
prepared by Prof. Dr. Moustafa El-Abdallah Al Kafry
2023 04 June
1 – U.K. royal family pumps billions into the economy. The queen’s death may change that
By Craig Lord Global News, Posted September 12, 2022
Global News Morning speaks with Keith Roy of the Monarchist League of Canada about Queen Elizabeth’s passing, and the future of the monarchy. – Sep 9, 2022
The death of Queen Elizabeth II is sure to send shockwaves through the economies of both the United Kingdom and Canada as experts say the brand value of the British royal family is at risk with the loss of its longest-reigning monarch.
The queen’s death on Sept. 8 marked not only the loss of the U.K. and Canada’s constitutional head, but the figurehead and brand ambassador of the monarchy itself, according to Charles Scarlett-Smith, director of Brand Finance Canada.
“When we’re thinking about Queen Elizabeth II’s brand, we really are being synonymous with the royal family and the monarchy,” he tells Global News.
And that brand alone ranks among the most valuable in the world, according to a Brand Finance report assessing the monarchy’s capital value in 2017.
The British monarchy — its actual assets plus intangible impacts on the economy — was valued at £67.5 billion that year, or roughly CAD$112.4 billion in 2017 dollars.
For a rough value comparison, putting the royal family’s impact up to a similar list of major corporate brands prepared that same year by Brand Finance would rank the monarchy fourth in the world, behind just Google, Apple and Amazon.
The British Royal Family’s value rivals top corporate brands, according to 2017 reports from Brand Finance. (All figures USD.). Global News / Brand Finance 2017
While the average annual cost for U.K. taxpayers to upkeep the royals comes in around £500 million a year (CAD $700-$750M), Brand Finance estimates the monarchy’s brand contributes £2.5 billion (CAD$3.7B) to the British economy each year.
“Royalist or not, the amount of economic benefit that’s brought to the (U.K.) from the existence of the royal family is undeniable,” Scarlett-Smith says.
Feeding into the economic impact of “The Firm,” as the royal family’s business arm is informally known, is a bit of brand association known as royal warrants, which give corporations the chance to claim the monarch’s seal of approval. Brand Finance claims a royal warrant has led to a 10-per cent boost in revenue on average for the roughly 800 British firms bearing the mark.
MEAK Weekly Specialized Economic Report No. 433
The British economy during the reign of Queen Elizabeth II
prepared by Prof. Dr. Moustafa El-Abdallah Al Kafry
2023 04 June
| التقرير الاقتصادي الأسبوعي رقم 433
لمتابعة التقرير كاملاً أضغط على الرابط: م ع ك التقرير الاقتصادي الأسبوعي رقم 433 التخصصي بريطانيا E التقرير باللغة الإنكليزية حصيلة متابعة للإعلام الاقتصادي والشبكة العنكبوتية. أضعه بتصرف الأكاديميين والاقتصاديين وأصحاب القرار والمتابعين، لتسهيل الحصول على المعلومة الاقتصادية. أشير إلى أن بعض المعلومات والبيانات الواردة في التقرير قد لا تكون موثوقة بما يكفي، وتحتاج إلى تدقيق من قبل خبير أو مختص. ساعد بتدقيق هذه المعلومات مع ذكر المصدر لتحقيق الموثوقية. وأخلي نفسي من المسؤولية عن أية معلومة غير صحيحة أو غير دقيقة واردة في التقرير، لأن المصدر المثبت في أسفل كل مادة منشورة في التقرير هو المسؤول. أطيب التمنيات. ملاحظة: أرجو ممن لا يرغب باستمرار إرسال التقرير لسيادته، إعلامي ليتم حذف اسمه من القائمة البريدية. |
Weekly Economic Report No. 433 full report، click on the link: م ع ك التقرير الاقتصادي الأسبوعي رقم 433 التخصصي بريطانيا E The report in english is the outcome of a follow-up to the economic media and the World Wide Web. I put it at the disposal of academics، economists، decision-makers and followers، to facilitate access to economic information. I have to mention that some of the information and data contained in the report may not be reliable enough and need to be checked by an expert or specialist. Help with checking this information and cite the source for reliability. I absolve myself of responsibility for any inaccurate information contained in the report since the proven source at the bottom of each article published in the report is responsible. Best wishes Note: I request those who do not wish to keep receiving the report to inform me so that their names will be removed from the mailing list. |
MEAK Weekly Specialized Economic Report No. 433
The British economy during the reign of Queen Elizabeth II
2023 04 June
prepared by Prof. Dr. Moustafa El-Abdallah Al Kafry
Contents
1 – U.K. royal family pumps billions into the economy. The queen’s death may change that 4
2 – How the UK Economy Changed in Seven Decades. 10
3 – Britain’s Economy Has Transformed During Queen’s 70-Year Reign. 17
4 – HERE’S WHAT WILL HAPPEN TO THE BRITISH ECONOMY WHEN QUEEN ELIZABETH II DIES 20
5 – QUEEN ELIZABETH II’S MOST NOTABLE ACCOMPLISHMENTS. 26
6 – WHAT WILL HAPPEN AFTER QUEEN ELIZABETH II DIES?. 41
7 – FAMOUS PEOPLE THE QUEEN CAN’T STAND.. 53