Thursday, July 18, 2013 7:03 pm
Golden Games: UK says Olympics brought billions
The Associated Press
Authorities said Friday that UK economy has seen an increase in business from contracts, sales and foreign investment stemming from a conference and a series of events tied to the games.
The figures - the first released in a four-year plan - are important because staging the games is expensive. Organizers repeatedly promised Britons that the 9.3 billion pounds ($14.7 billion) spent to host the event would be money well spent.
The latest numbers, however, don't include the effect of tourism. The Olympics offers a unique platform to show off a country's finer points. Tourism officials say images of castles, cliffs and countryside will bring dividends for decades.