Royal baby girl born: If the princess makes £1 billion for the economy, what could we spend the money on?

The Duchess of Cambridge’s daughter will bring in more than £1 billion to the UK economy in her lifetime, according to experts –  enough to pay for two hospitals.

Director of the UK's Centre for Retail Research, Joshua Bamfield,  has estimated that she will lead to add £150 million per annum to the UK's economy – that's more than £1 billion by the time she is six.

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