Liverpool was named European Capital of Culture on June 4 2003. Other contenders were Bristol, Birmingham, Cardiff, Newcastle-Gateshead and Oxford. Liverpool is expecting to see increased investments to the tune of more than ?2 billion. The sporting and creative sectors are expected to throw up about 14,000 more jobs.
Tourism in Liverpool will see an added impetus on account of the city of culture tag. This will also support the process of regeneration of the cultural heritage and infrastructure of the city. Liverpool was named City of Culture on account of its historical legacy as well as the maritime past.
The Three Graces of Liverpool - The Cunard, Liver and Port of Liverpool Buildings have always embodied the city's wonderful architectural splendour and have been a reminder of its glorious past.
The renaissance of Liverpool is seen in its vibrant art and cultural scene as well as the redevelopment taking place within the city. The city of culture honour for Liverpool is expacted to attract more tourists and bring increased investment.
The city council has placed culture, creative industries and tourism as the focus of its regeneration project. A year-long festival of art, architecture, cinema, literature, music, opera, science, theatre and fashion is planned.
The City of Culture status is to be replaced by the Capital of Culture programme. Home to the Maritime Museum and the Beatles, Liverpool is all set to roll in the festivities.