Notting Hill Carnival Brings in Nearly £400 Million Annually

The Notting Hill Carnival, Europe's largest street festival, significantly contributes to the UK economy, generating nearly £400 million annually, according to a study by JN Bank economist James Williams. The research, commissioned by the Voice Newspaper, highlights that the festival attracts approximately 160,000 tourists, with spending on accommodation, shopping, and travel playing a crucial role in this economic boost. The event also supports the equivalent of 3,000 full-time jobs, underscoring its importance to local and national economies. Despite its economic benefits, the carnival faces ongoing criticism, particularly regarding crime rates. Critics often point to safety concerns, yet data reveals that the event's arrest rates are comparable to those of the Glastonbury festival. Over a three-year period since 2016, Notting Hill Carnival recorded 3.76 arrests per 10,000 attendees, slightly higher than Glastonbury's 3.1 arrests per 10,000. In contrast, other festivals, such as Leeds, have experienced more severe incidents, including violence and property damage. Calls for the carnival's relocation or cancellation have emerged from some political figures, including failed Conservative mayoral candidate Susan Hall, who labeled the event as "dangerous." Additionally, Ken Marsh, chair of the Metropolitan Police Federation, suggested that the festival should be held in a private area to enhance safety. In response to the criticism, economist Williams advocates for the recognition of the carnival's national economic impact, urging the government to promote its benefits and celebrate the diversity that makes the event possible.