Economic bounce

FOUR years ago some economists were saying that a minor miracle was needed to restore the British economy to health. Enter the royal family, the Olympics and some sporting success and the minor miracle appears to have been achieved. For the last two years Britain has been basking in the glow of its royal family. First, there was the royal wedding between the Duke and Duchess of Cambridge, then the Queen's Jubilee and now a royal birth. All three events have been broadcast across the globe giving Britain's tourist industry some much needed promotion. British tourism is booming. The feelgood factor appears to have returned and Britain is spending again. The country appears to be slowly exiting recession, helped in no small part by the royal family and their worldwide popularity. Prime Minister David Cameron, pinpointed tourism, as one of the key British industries. It is now growing in size and importance, with London especially popular. Everyone wants to see Buckingham Palace and a royal souvenir is top of the list for holidaymakers. It has taken, three enormous royal occasions, an Olympic Games, a British success at Wimbledon and fantastic weather to get Britain back on track. This summer will probably be remembered as the time when Britain finally says farewell to the recession. Baby Cambridge is only a few hours old but he has already helped lift the spirits of the country. Not bad for a baby who is just 24 hours old.