Quote: Michael Monkhouse @ 18th September 2022, 7:52 AMYou know what cracks me up? Every time I criticise the royals, some dickhead goes, 'They bring in a lot of money through tourism'... So the Queen's funeral is costing 8 million? 'Yeah, but last month we sold a postcard of a bus.'
Britain's fragile economy was already teetering on the edge of recession even before the death of Queen Elizabeth II last week. That prospect now looms a lot larger, as businesses cancel events amid the period of national mourning culminating in the bank holiday for the late monarch's funeral.
Economists say high street shops closing their doors or operating reduced hours on Monday, alongside the loss of a full working day, will lead to a sharp fall in output at a time when Britain is struggling for growth momentum amid the cost of living crisis.
