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How will the Capital of Culture title benefit Liverpool?

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How will the Capital of Culture title benefit Liverpool?

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Between now and 2008, and beyond, Liverpool will benefit from literally billions of pounds worth of investment, thousands of new jobs and massive regeneration which will see it reborn as a premier European city – one with a more competitive economy, healthier, safer and more involved communities and one where everyone has more opportunities to have a better life. In 1990, Glasgow was the last UK city to have the Capital of Culture status, and experienced substantial economic and social benefits during its period as the City of Culture, both strengthening and promoting its own impressive regeneration.

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