Summer gigs will boost London economy, mayor says

London is experiencing a busy summer filled with concerts by some of the world’s biggest music stars. Billie Eilish, a popular young singer known for her long dark hair and unique style, recently performed in front of a huge audience, with white confetti falling as she sang. The mayor of London believes that these concerts will not only boost the city’s economy but also prove that London is the top city for music. International stars like Beyoncé and Billie Eilish have already played several shows in London, and famous British bands such as Oasis and Coldplay are set to perform as well. Oasis is expected to draw about 630,000 fans to Wembley Stadium over seven concerts, starting this Friday. These events are predicted to bring nearly £500 million to the city.

It’s not just the big stadiums that are making a difference. Smaller music venues, often called grassroots venues, are also attracting fans and helping the economy. Last year, these venues contributed £313 million. Other major artists, including Usher, BLACKPINK, and Stray Kids, are also performing in London. Usher completed a ten-night residency at the O2 Arena in March, while BLACKPINK and Stray Kids are only performing in London during their UK visits. Hundreds of thousands of people attended Beyoncé’s six concerts at Tottenham Hotspur Stadium in June, with many fans dressing up and showing their excitement.

According to UK Music, live music in London is responsible for £2. 7 billion of the country’s total £10 billion in live music revenue. The mayor, Sir Sadiq Khan, said that London’s famous venues are attracting more than 3. 6 million people, which helps the city’s hospitality industry, including restaurants, bars, and hotels. Tom Kiehl, the chief executive of UK Music, described the Oasis reunion and Beyoncé’s tour as making this summer spectacular for music fans. Kate Nicholls from UK Hospitality pointed out that live music brings more people to pubs, bars, and restaurants, showing how important music events are for the wider economy. With so many big names performing and so many fans coming to London, this summer is shaping up to be one of the most exciting and profitable for the city’s music scene.