2012 London Olympics: €18bn injected in British economy in 2013-14, according to David Cameron

News Tank Football - Paris - News #23043 - Published on

The London 2012 Olympic and Paralympic Games injected £14.2bn (€18bn) into the British economy in the forms of foreign investments in the United Kingdom and exports and new contracts abroad, said David Cameron, the British prime minister, on 23/07/2014, during the 2014 Commonwealth Games Business Conference, which is being held in Glasgow (SCO) from 23/07 to 03/08/2014.

Prior to the 2012 Olympic Games, UKTI (UK Trade & Investment, British government agency for foreign investments in the United Kingdom) had set an £11bn (€14bn) target for exports and domestic and foreign investment in the United Kingdom for 2012-2016.

"[The Commonwealth Games] follow on from London 2012, which was not just an amazing sporting event, but also a great opportunity to secure a lasting economic and sporting legacy for the whole UK," said David Cameron on 23/07/2014.

On 23/07/2014, the day the 2014 Commonwealth Games' opening ceremony, two reports were simultaneously published: the 2013-2014 UKTI report and the second annual report by the British government and the mayor of London on the legacy of the 2012…


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