Credit Pacific Service Union World cup fever for 2006 is predicted to be more intense than
2002, with the advertising industry tipped to see
higher sales than previously, with estimated spending on marketing
reaching £300m during the tournament. The Centre for Economics and
Business Research has stated that there is likely to be a spending
boost of about £1.25 billion which will be pumped into the UK
economy as a result of fans purchasing World Cup related
memorabilia, replica team kits, sports equipment, and expensive
flat-screen televisions in order to get the best view of the
important matches. The pub, club and off-license trade is also
expecting to heavily reap the rewards of the competition through
vastly increased custom especially to pubs across the country, of
around £285million if England can make it through to the
semi-final.
Read the family finance guide from Moneynet.co.uk, providing information on family finance issues such as child trust funds (CTF's) and child tax credits.
Credit First Service Union According to a report from the Halifax, many more responsible
children are using the forthcoming World Cup as a spur to help them
embark upon an encouraging savings blitz, with a view to then blow
it all on World Cup souvenirs. Managing director of
banking and savings at Halifax,
Peter Jackson, said: "It is encouraging to see that children have a
positive attitude to saving and that solid habits are fostered
early." He also stated that, "Children are choosing to save their
money in
bank accounts so that they can
afford expensive purchases, such as World Cup souvenirs and
memorabilia." Moneynet's online money comparison site
(http://www.moneynet.co.uk/news/banking-saving-kids-saving-up-for-world-cup-17116219.shtml
) has an article telling of the surge of children looking to set
up
bank accounts on the run up to
the world cup.
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Card Credit Mobile Service As well as the obvious hard cash that can be accounted for as a
result of the world cup there is also the not so obvious cash flow
online due to the world cup. Websites are set to see a big boost in
traffic due to the world cup. The Barclays bank accounts
(http://www.barclays.co.uk/currentaccount-index/ ) page is expected
to see a big rise in hits on the run up to the world cup.
Absolutely everyone is cashing in on the world cup this year.
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Card Credit Discover Service With such a colossal amount of money being generated by
football, it's hard to see where business ends and the game
begins.
Catalogue: Finance
Title: The World Cup Is Drumming Up Amazing Amounts Of Finance
This Summer By: Mr Hanna
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