Visit London has issued a bullish statement claiming that the overall economic impact caused by the cancellation of Michael Jackson concerts following the artist's death yesterday would be minimal.
"There's no doubt that the hugely anticipated Michael Jackson concerts were a significant coup for London and the news will cause tens of thousands of people to be extremely disappointed and upset."
The spokesperson continued: "in purely economic terms, the impact of the cancelled dates is likely to be minimal given that 26 million people visit the city every year, spending nearly £11bn. We also expect that the hugely popular 02 Arena will soon attract other major acts to fill many of the scheduled dates. There are a great number of major rock, pop, cultural and sporting events taking place throughout this year in London that still provide great reasons for coming to the city and will undoubtedly help to keep London the number one destination in the world for international visits."