ycbm
Einstein would be proud of my Insanity...
Do the 'tourist revenues' really make up for the cost? Eh. Those buildings will still be there, no matter what.
For the coronation, yes, together with local hospitality and retail sales taxes, they will.
In ordinary years, the pageantry of the special events provides PR and advertising which is practically invaluable. There will be people visiting the UK for years to come who were triggered, consciously or unconsciously, by the pictures of the coronation.
I am not a Royalist, I won't be swearing any kind of allegiance, but President Blair or Johnson fill me with horror and I can recognise a good financial deal when I see one.
Happy Birthday for Saturday.