24 July 2013
Rather churlish coverage of the royal birth in today’s Financial Times.
Under the page 2 headline “Boy prince looks unlikely to buoy the economy”, the FT report suggests any feelgood factor will be shortlived. “A growth in spending on baby-related products might simply offset a decline in other spending. And it matters if the goods are domestically produced.”
At least the royal baby was domestically produced.
