Summer gigs will boost London economy, mayor says

Billie Eilish - a young woman with long, dark hair, wearing a dark t-shirt and white jogging trousers, is seen side view, singing into a microphone in front of a large audience, with white confetti falling around her.Image source, Getty Images
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Billie Eilish was among several global stars to perform in London this summer

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A string of concerts by global stars is likely to benefit London's economy and showcase the city as "the undisputed capital of music", the mayor of London has said.

International acts Beyoncé and Billie Eilish have played multiple dates here and home-grown performers Oasis and Coldplay are due to do the same.

About 630,000 people are expected to attend Oasis' concerts at Wembley Stadium this summer - the first of seven being this Friday - bringing a financial boost of nearly £500m.

Grassroots music venues also attracted fans, contributing £313m to the economy last year, according to City Hall.

Other big names being credited with for bringing music fans to the capital include Usher, who completed a ten-night residency at the O2 Arena in March, and BLACKPINK and Stray Kids, who are playing their only UK shows in London.

A crowd of people, mostly female, two wearing pink cowboy hats.Image source, Getty Images
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Hundreds of thousands of people attended one of Beyoncé's six performances at Tottenham Hotspur Stadium in June

According to UK Music, an estimated 7.5 million people attended concerts and festivals in London last year,, external accounting for £2.7bn of the country's total £10bn revenue generated from the live music industry.

The organisation's chief executive Tom Kiehl described the Oasis reunion and Beyoncé tour made for a "spectacular summer" for fans.

And Kate Nicholls, from UK Hospitality said the additional visits to pubs, bars and restaurants showed the impact live music can have on the wider economy.

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