Live Aid organiser Bob Geldof has so far denied there would be such a concert, billed as Live 8.

But the BBC said it was in “discussions” with Geldof to screen the concert from Hyde Park on 2 July.

Acts linked with the concert include U2, the Rolling Stones, Sir Paul McCartney and Joss Stone.

Chief executive of The Prince’s Trust, Martina Milburn, said it was “delighted to support Live 8″, and that Party in the Park would return next year.

The concert is expected to support the Make Poverty History campaign, highlighting the situation of millions of children who are dying because of poverty every year.

Artists including U2, Keane and McFly have been lending their support to the cause, and concerts have been organised in cities around the world as part of the campaign. – BBC News