The Olympics

The Olympics


News, information and stories about the PyeongChang Winter Olympic Games and the Olympics in general.

Friday, July 19, 2013

The Olympics Boost?

A report, for the UK Trade and Investment department (UKTI), said that last year's Olympics resulted in:
  • £2.5bn "additional inward investment", 58% of which was outside London
  • £5.9bn additional sales following Olympic-related promotions by the Foreign Office and UKTI
  • £1.5bn high value overseas contracts - such as helping to design venues in other host-nations
A grand total of £9.9BN.

The figures are of course unprovable, as there is no way of knowing what would have happened without the Olympics.

Additionally, the cost of the Olympics was around £12BN.

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