Entertainment

Oasis Fans’ Euphoria May Not Be Enough to Boost UK Economy

  • A ‘feel-good factor’ won’t lift GDP, Jefferies economist says
  • Arts, entertainment and recreation output rose 0.1% with Swift

A mural depicting Liam and Noel Gallagher in Manchester, England, on Aug. 28.

Photographer: Christopher Furlong/Getty Images

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Fans have been waiting 15 years for the Oasis reunion but when it comes to the UK economy, the impact appears to be definitely more of a maybe.

The Gallagher brothers rose to fame in the mid 1990s, when Britpop, Tony Blair and economic growth were all ascendant. Now with Labour back in power, Prime Minister Keir Starmer may be hoping the band’s 17 UK and Ireland comeback concerts next year augur a similar boost to the national mood, after he arrived in Downing Street grumbling about a dire economic inheritance from his predecessors.