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A report, commissioned by Glastonbury Festival, into the Festival’s economic impact, carried out by research specialists Fourth Street, found Glastonbury Festival to have a significant positive economic impact both nationally and in Somerset, generating around £168 million of income for UK businesses including £32 million for businesses based in Somerset.
The report states that the total cost of putting on the 2023 Glastonbury Festival was approximately £62 million, paid across 922 organisations providing services to the Festival. Of this £62 m, just under £12 million was paid to 258 companies in Somerset.
It then goes on to measure spend in the wider Somerset Community, calculated at £1.6 million as well as income for other businesses outside of the Festival site, with local hotels and B&Bs benefitting from spend in the region of £450,000. Unaffiliated camping and…
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