Fringe benefits
Edinburgh’s summer festivals are worth £135 million to the Scottish economy, a new report has revealed.
The festivals, including the Fringe, the Tattoo and the international festival, support 2,900 full-time jobs, the year-long study has concluded.
Between them, the festivals attracted around 2.6 million visitors last year – about the same number who went to the 2002 football World Cup in Japan and South Korea.
The Fringe is the biggest event, generating £70million for Scotland – but it receives just £700,000 of public money.
Festival organisers say the figures show that more money should be ploughed into the events.
The Edinburgh International Festival receives £2.5 million, which director Sir Brian McMaster said was a tenth what a similar event in Salzburg receives.
And Fringe director Paul Gudgin told The Scotsman: "We could do a great deal more if we had more [funding].
“Such cities as Manchester and Liverpool are receiving substantial sums to put on arts festivals, so the challenge for Edinburgh is to maintain its pre-eminent position."
Edinburgh gained £127 million in economic benefit from the festivals, with the other £8 million generated from visitors exploring the rest of Scotland.Published: 22 Jan 2005