Royal baby to inspire childrenswear sales

The royal baby will inspire a huge surge in UK childrenswear

and sales of related accessories. Analysts predict that nearly 250 million pounds could be spent on royal baby related gifts with the wider boost to the economy could be worth as much as 500 million.

Childrens fashions, accessories and souvenirs will sell on the back of the royal birth immediately, while in the longer-term royal themed pushchairs and clothing will make millions, according to valuation experts Brand Finance.

The new baby's midas touch will supplement the royal family's annual contribution to the British economy which Brand Finance estimates to stand at 1.5 billion pounds so far this year alone.