The British economy will see a boost of £8.01bn over King Charles’ Coronation weekend, with Brits spending £3.22bn more than a typical May bank holiday (£4.80bn), according to new research.
The King Charles III Coronation Report from VoucherCodes.co.uk, also reveals that Brits are expected to spend an extra £1.76bn in retail stores - equivalent to £87 per person over the Coronation bank holiday weekend, as they prepare for celebrations and street parties.
The majority of this spend will be seen by supermarkets, convenience stores, and corner shops as shoppers stock up their fridges for a long weekend of revelling (£1.17bn). With decorations (£0.28bn), souvenirs, memorabilia (£0.13bn), and other Coronation items (£0.18bn) also set to sell in droves as the nation prepares for the celebrations.
