Definition of the Festival of Britain from the Oxford Advanced Learner's Dictionary

 

the Festival of Britain

 
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an event consisting of exhibitions and celebrations that took place on the South Bank of the Thames in London in 1951. The aim of the festival was to celebrate 100 years since the Great Exhibition, and to show Britain's economic and technical progress after World War II. It was the first time that the South Bank was used as a centre for the arts. Similar celebrations took place in other parts of Britain.