Derry bids to be City of Culture

Derry has long been one of the most economically depressed areas in Ireland. Inward investment is low and, at 7.2 per cent, unemployment in the city is twice the average in the North.

15th May, 2010

Derry has long been one of the most economically depressed areas in Ireland. Inward investment is low and, at 7.2 per cent, unemployment in the city is twice the average in the North.

While the current outlook is gloomy, hopes are high that a successful bid to become UK City of Culture 2013 could lead to significant regeneration.

The Derry bid team estimate that the award would see annual tourism revenue quadruple from its current £9 million...

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