UK will get value for money from Games

0 Comment(s)Print E-mail China Daily, July 6, 2012
Adjust font size:

The Olympics will bring more than 13 billion pounds into the British economy over the next few years, more than offsetting money spent for the Games, Prime Minister David Cameron said on Thursday.

Cameron sees the Games in London as a once in a generation opportunity to showcase Britain as a place to do business. The government is running a series of industry summits during the Games to back its sales drive.

"I am confident that we can derive over 13 billion pounds benefit to the UK economy over the next four years as a result of hosting the Games," Cameron said.

"I am certain that when you add in the benefits from construction the total gain will be even greater," he added in a speech at the British team's pre-Games camp in Loughborough, central England.

Britain's economy is back in recession and badly in need of a boost.

Britain has ploughed around 9 billion pounds ($14 billion) of public money into building venues for the July 27-Aug 12 London Games and providing security. Organizers are also raising a further 2 billion pounds to stage the Games through sponsorship, ticket sales and other activities.

A study by Lloyds Bank published this week found the Games would contribute 16.5 billion pounds to the economy by 2017.

Construction and tourism would be the two sectors to gain most, the study said. However, it noted that most of the economic benefit stemmed from building projects ahead of the Games which are now largely complete.

Most economists say the Games will provide a short-term fillip to the economy but that the impact will be relatively small and swiftly drowned out by broader economic developments.

Marketing restrictions should be lifted as soon as possible after the Games to allow British companies to trumpet work they have done on the project, a report by the head of Britain's Olympic Delivery Authority, the body in charge of developing and building venues for the Games, said on Thursday.

The suppliers have been affected by International Olympic Committee rules designed to grant sponsors exclusive rights to market themselves as backers of the Games.

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 老子影院午夜伦不卡手机| 91区国产福利在线观看午夜| 日韩av片无码一区二区不卡电影| 亚洲成色www久久网站| 男人插曲女人下面| 午夜福利麻豆国产精品| 跪着侍候娇吟羞辱鞭打| 国产成人精品福利网站在线观看| 2021免费日韩视频网| 在线免费观看国产视频| yy6080欧美三级理论| 成人怡红院视频在线观看| 久久久久亚洲av综合波多野结衣 | 迷走都市1-3ps免费图片| 国产成在线观看免费视频| 在线观看www日本免费网站| 国产麻豆精品入口在线观看| eeuss在线兵区免费观看| 少妇一晚三次一区二区三区| 久久免费视频网| 日韩午夜视频在线观看| 亚1州区2区三区4区产品| 欧美一区二区三区精品影视 | 香蕉免费一级视频在线观看| 国产熟睡乱子伦视频观看软件| 怡红院亚洲怡红院首页| 国产精品美女久久久久久久| 97久久精品无码一区二区天美| 多女多p多杂交视频| a级毛片免费完整视频| 女仆胸大又放荡的h| √新版天堂资源在线资源| 少妇人妻偷人精品视蜜桃| 一本色道久久88加勒比—综合| 很黄很污的视频网站| 一边摸一边桶一边脱免费视频| 成人欧美视频在线观看| 中文在线观看免费网站| 成人av鲁丝片一区二区免费| 三级黄色毛片网站| 怡红院av一区二区三区|