* Tourism boost: The London Eye is a major tourist attraction, drawing millions of visitors each year. This brings revenue to the city and supports local businesses such as hotels, restaurants, and shops.
* Job creation: The London Eye has created thousands of jobs, both directly and indirectly. The attraction itself employs around 300 people, and its construction generated even more jobs.
* Iconic landmark: The London Eye has become an iconic symbol of London, recognized around the world. This has helped to boost the city's profile and attract even more visitors.
* Community pride: The London Eye is a source of pride for many Londoners. It is seen as a symbol of the city's progress and modernity.
Negative Impacts:
* Congestion: The London Eye can attract large crowds, especially during peak tourist season. This can lead to congestion on public transport and roads.
* Cost of living: The increased tourism and popularity of the area has contributed to rising housing prices and the cost of living in the area.
* Noise and light pollution: The London Eye is a major source of noise and light pollution, especially at night. This can be disruptive for residents living nearby.
* Visual impact: Some residents feel that the London Eye is an eyesore and that it detracts from the historic beauty of the city.