1/15/2024 0 Comments Instal the new FiretaskAs the new year breaks across the whole globe, capital cities in all countries will be celebrating with their own pyrotechnic performances. London is far from the only city in the world to ring in the new year with a smashing firework display. How much do other famous New Year’s Eve fireworks cost around the world? In 2019, ticket holders were made up of 23% Londoners, 43% UK residents, and 28% overseas visitors. However, a priority booking system has as of yet not been determined to be effective. This caused some unrest among some residents and politicians as the majority of the fund for the fireworks was raised through Londoners’ taxes. In 2015, only 32% of the 106,000 total tickets were bought by residents of the capital city. Issues have been raised in the past as to whether London residents should be afforded priority booking for the fireworks. In 2019, £800,000 was raised as a result of ticket sales, all of which was spent on infrastructure for the New Year’s Eve event. Ticket sales do not contribute directly towards the actual firework display but they do support aspects of the event like crowd management and security. Since ticketing in 2014, tickets to view the fireworks in the enclosed viewing space on the Southbank have cost approximately £10 per adult. No profits from ticket sales go towards the cost of the actual fireworks, their installation and the conducting of the fireworks display. This Greater London Authority pays the total cost of the fireworks. When considering how much do the new year fireworks cost London Authority each year, you need only look at the total cost of the fireworks. It is from this pot that the London fireworks are paid for. The GLA is paid into through taxes, transport fares, business rates, and council tax. The GLA Arts and Culture fund is used to make public events, programmes, and community projects possible so that all Londoners and those visiting London can enjoy them. The London fireworks cost is taken from the Greater London Authority Arts and Culture Fund, which makes the extravagant display on December 31st possible. This meant that in 2014 the event had to be ticketed in order to manage the crowds. Since that time more and more people have turned up to the Southbank to watch the fireworks and join the celebrations. London began its iconic annual firework display in 1999 to commemorate the turn of the millennium. How much did London New Year’s Eve fireworks cost in previous years?
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