Prince William, Kate Middleton Wedding Date Set Westminster Abbey
Westminister Abbey Royal Wedding Date Set: April 29, 2011: Bank Holiday Declared Increases Costs For Marriage Between Kate Middleton And Prince William
Royal watchers mark Friday April 29, 2011 on your calendar. Prince William and Kate Middleton will be getting married at Westminster Abbey just after Easter 2011.
The princes' private secretary, Jamie Lowther-Pinkerton, said the couple had chosen the venue for its "staggering beauty" and that they wanted the day to be a "classic British occasion with good spring weather".
He said: "They are very much in charge of the arrangements. I have never seen two happier people. They're on cloud nine, like any other newly engaged couple.
The Royals and the Middleton's will share the cost of the wedding while most of the security costs will be picked up by the British taxpayer.
The fact that a bank holiday was declared for the Royal Wedding Day means the cost of security and policing will double. Police officers and some other security officers receive double pay on a Bank Holiday.
The fact that Westminster Abbey is the venue for the Royal Wedding offsets the costs somewhat. The royal wedding procession to Westminster Abbey is far shorter from Buckingham Palace than it is for St. Paul's Cathedral.
News reports say the cost of security of the Royal Wedding should come to $10 million USD.
The other concern with the Royal Wedding being a bank holiday on Friday is that it would make provide employees with 4 bank holidays in 11 days as the Royal Wedding will occur at the tail end of the Easter Holidays for 2011, which has some business groups concerned.
The CBI, the business lobby group, has previously calculated that each bank holiday costs the British economy £6 billion in lost productivity, though many experts hope that in the case of the Royal Wedding, £1 billion of that will be clawed back in extra tourist revenues and sales of memorabilia.
A snapshot poll by the small business website freshthinkingbusiness.com on Tuesday found that 55 per cent of small firms did not want a bank holiday, or wanted the wedding to be at the weekend.