Olympic flame arrives in London
Last updated Fri 20 Jul 2012
After London won a right to theatre a 2012 Olympic and Paralympic Games behind in 2005, a destiny advantage to a UK economy was seen as only as critical as sporting success.
With a Games set to start in a week’s time during a cost of a reported £8.5 million, some advise that a ‘greatest uncover on earth’ could replenish double that figure.
However, forecasts from prior Olympic Games prove that post-Games confidence competence be far-reaching of a mark. The Sydney 2000 Games, for example, did not move a mercantile bang to Australia that many had anticipated.
ITV News’ Economics Editor Richard Edgar analyses what a hit on impact could be for a UK from a Olympic Games.
Article source: http://www.itv.com/news/update/2012-07-21/can-the-london-2012-olympic-games-boost-the-uks-economy/
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