Friday 27 May 2022 10:37 PM Britain's long bank holiday bash will bring £3billion to the economy trends now
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Britain has been gripped by a Platinum Jubilee frenzy with spending predicted to reach £3billion over the extended bank holiday weekend.
Gloom at the cost of living crisis is being pushed aside with millions keen to relax, have fun and participate in special events – as the four-day break brings back the 'feel good factor'.
The retail sector, pubs and hospitality, including tourist attractions, are expected to be the biggest beneficiaries.
Britain has been gripped by a Platinum Jubilee frenzy with spending predicted to reach £3billion over the extended bank holiday weekend
Two neighbouring villages hope to stage what could be Britain's longest jubilee street party on June 5.
Goring and Streatley, in Oxfordshire and Berkshire respectively, want to welcome up to 5,000 people for a mile-long celebration, said organiser Ron Bridle.
The villages previously united to mark the Queen's Diamond Jubilee in 2012.
Goring and Streatley, in Oxfordshire and Berkshire respectively, want to welcome up to 5,000 people for a mile-long celebration, said organiser Ron Bridle
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An estimated 90million pints will be sold, resulting in a £105million boost for the pub trade – around 50 per cent more than a regular bank holiday – according to the British Beer & Pub Association.
On Monday, brewery Greene King will kick off celebrations by selling customers a pint of IPA for just 6p – the same price as in 1952 – at its 408 sites.
Millions will enjoy street parties and other events from Thursday to Sunday, with spending predicted to be around 40 per cent higher than for the Diamond Jubilee ten years ago.
Richmond upon Thames, Surrey, appears to be Britain's street party capital with 331 events approved by the council, up by 99 on the Diamond Jubilee.
Booming sales forced the Royal household's online shop to temporarily halt taking orders after it ran out of memorabilia.
Supermarkets are selling out of Jubilee ranges. Marks & Spencer is offering everything from Corgi-themed cakes to patriotic cheeseboards, supersize HRH sausage rolls, ales and liqueurs.
Tesco predicts it will sell 60,000 rolls of bunting – enough to wrap around Windsor castle 10 times – and 50,000 Union Jack plates. The retailer has ordered in an extra 4million bottles of gin, 150,000 bottles of champagne and the same of Pimm's. The extended bank holiday is particularly good for hospitality, the
