UK trade boost from Olympics

The London Olympic and Paralympic Games gave the UK economy a £9.9 billion trade and investment boost, according to a new report. The boost came from businesses securing contract wins, additional sales and new foreign investment in the last year.

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Were the Olympics good value?

  • The overall cost of London 2012 was £8.92 billion, the Government revealed in October.
  • That worked out at £142 per head for every UK resident.
  • The Games came in under budget, with £9.3 billion set aside.
  • The predicted cost when London won the bid in 2005 was just £2.37 billion.
  • Today's report says the Games gave the UK economy a £9.9 billion trade and investment boost.
  • It added that the total benefit to the UK could reach up to £41 billion by 2020.

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