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A study has been launched to find the true worth of The Beatles to Liverpool.

Researchers will look into the monetary, social and cultural value of The Beatles to the city, as well as any gaps in provision for tourists.

The study will include historical mapping to pinpoint all the locations in Liverpool that have a link to the band’s history or are currently running cultural events linked to them.

It will also include a report detailing the past, current and future non-economic value of The Beatles to the city’s character.

In pictures: the Cavern Club, home of the Beatles, down the years

The study, which is expected to finish in the summer, will be run by Liverpool University’s Department of Music and research group The Institute of Cultural Capital (ICC), which works at both Liverpool University and Liverpool John Moores.

Councillor Wendy Simon, city council member for culture, tourism and events, said: “Talk to anyone in or outside of the city about Liverpool and its history and you can guarantee the Fab Four will get a mention.

“We know that The Beatles are a massive pull in terms of tourists, but we don’t know exactly what this translates to in terms of financial impact on the city and where the gaps are.

“There is always a huge amount of debate around whether we as a city make the most of Beatlemania, and so this report will be a vital and informative piece of work which will shine a light on the legacy of The Beatles and what it really means to Liverpool.”