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Economic Development

'It's a chance to tell our city’s story': How hosting Eurovision could boost Liverpool's economy

A final decision is expected to be made in the coming weeks

Sam Ryder came in second place singing Space Man this year(Image: AP Photo/Luca Bruno)

Hosting the Eurovision Song Contest next year could have a major impact on Liverpool's economy, experts have said.

The city is battling it out with Glasgow for the right to hold the next edition after making the final two, seeing off competition from Birmingham, Leeds, Newcastle, Sheffield and Manchester.

Ukrainian entry Kalush Orchestra triumphed at the 2022 competition in Turin, Italy, but the European Broadcasting Union (EBU), which produces the annual event, decided the show cannot be safely held in the country following Russia's invasion.

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A final decision is expected to be announced in the coming weeks.

After Liverpool made the final two, BusinessLive spoke to business and music experts to find out what the economic impact could be for the city if it emerges victorious.

Bill Addy, CEO of Liverpool BID Company, said hosting Eurovision would have a "huge impact on the city" and would be a "chance to tell our city's story".

He added: "We are delighted to lead the private sector response to this bid as we know how important it is to the businesses of the city, which is why we have committed our resources to support its success.