00:01Large festivals can bring more than music and entertainment. They can also provide a significant
00:06boost for local shops, cafes, restaurants and accommodation. North Tyneside Council says this
00:11year's Math of the Time Festival is expected to have generated more than £1 million for the local
00:17economy. The four-day event took place at Tynemath Priory and featured performances by The Kays,
00:22Ministry of Sound Classical, Self Esteem and Heidi Curtis, alongside supporting acts. The
00:29area during the festival period. Deputy Mayor Councillor Carl Johnson described the event
00:34as one of the North East's biggest success stories, saying it attracts visitors from across the United
00:40Kingdom and overseas or supporting local firms. Tynemouth Councillor Tom Bailey thanked council
00:45staff involved in organising the festival and said businesses on Front Street had clearly benefited.
00:51The estimate is based on the council's assessment of visitor spending. It says previous calculations
00:56used survey responses from festival goers about how much they spent, combined with attendance
01:01figures using what it described as a conservative multiplier. The authority says its latest assessment
01:07is still being finalised, but expects another seven-figure economic benefit. The final estimate
01:13may change once the council completes its assessment of visitors' spending and attendance data.
01:17The authority says the festival continues to attract visitors from outside the region,
01:21supporting businesses beyond the concert site itself. Full assessment figures are expected after the
01:27council completes its analysis.
Comments