THE Royal family brought in a staggering £1.8 billion to the British economy this year.
The figures come as the Queen and Prince Phillip celebrate their 70th wedding anniversary today.
Getty – Contributor the Royals brought in almost £2bn to the economy this year
A leading consultancy firm found that the Royals contributed £1.766 billion to the economy in 2017.
Maintaining the monarchy costs around £292 million – £4.50 per person.
Brand Finance measured the monarchy’s value as if it were a business and said it was worth £25.5 billion.
This included the Crown Estate, the Duchies of Lancaster and Cornwall and the jewels and art that comprise the Royal Collection.
They estimate the Royals will bring in a further £42 billion to the UK economy over the next few years.
The report also estimates the monarchy generated £550million for tourism this year, the largest single contribution to the economy.
Camera Press The Queen and Prince Phillip celebrate their 70th wedding anniversary today Getty – Pool The Duchess of Cambridge is a patron for a number of charities AP The royals are known for their charitable work PA:Press Association The Duchy of Cornwall generates a lot of money
Last year more than 2.7 million tourists visited royal attractions.
Organisations supported by royal patronage, such as Royal Ascot and the Royal Opera House, also generate a lot of money, £150 million extra was brought in to charities this year.
The figures come on the Queen and Prince Phillip’s platinum wedding anniversary.
Camera Press The Queen and Prince Phillip shared these portraits to mark their anniversary Getty Images – Getty Millions visit the Royal residences each year
To mark the special occasion they released a series of images of the couple together.
The Queen beamed in a cream day dress by Angela Kelly which was finished off with a ‘Scarab’ yellow gold brooch – a personal gift from the prince to the Queen in 1966.
The Duke of Edinburgh looked handsome in a smart three-piece suit.
The royal couple are expected to spend the day away from the cameras.
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