Chartered Institute for Archaeologists 2022

12 G U I DA N C E F O R C L I E N T S ARCHAEOLOGY AND ECONOMIC BENEFIT Economic benefit derives from the regeneration of historic places, often leading to revitalisation of surrounding communities and neighbourhoods. Reinforcing historic character, reusing historic fabric, and maintaining locally distinctive patterns of development can play a significant role in the recovery of declining towns and cities. Archaeology can contribute substantially to place-making – enhancing the image of a place, making it somewhere people want to live and so increasing the potential income it can realise. The World Bank positively encourages development that looks to preserve cultural heritage – it sees that understanding and enhancement of cultural significance or ‘cultural capital’, has a positive effect on the value of its projects and assets. Historic buildings and places can also provide the opportunity for types of commercial activity that might not otherwise be possible, providing additional economic activity and new employment opportunities for local people. The historic environment plays an important role in tourism, providing focal points and venues for visitors, creating jobs, and supporting business on the local and national scale, stimulating small and medium-sized enterprises, developing new markets, and encouraging inward investment. An archaeologist can tell you what it is about your city or community that makes it historically interesting and distinct, its contemporary cultural importance, and where the potential lies for development and enhancement of the historic fabric. Greyscale plot and interpretation of multi-channel GPR survey from Queen Anne’s house in Greenwich Crown copyright (2020) All rights reserved. Reference number 100022432 Multi-channel GPR survey in progress at Queen Anne’s house, Greenwich, London (NHLE 1002060) ©Wessex Archaeology