London Olympics means $26 bn boost for Britain
As the sporting extravaganza of London Olympics 2012 started Saturday, irrespective of the medals’ tally for Britain, the country’s stuttering economy is all set to benefit from a 17 billion pounds (over $26 billion) bounce from the Games.
According to Daily Express, business experts believe the Games will deliver a much-needed boost which should help lift the country out of the double-dip recession. They reckon the positive impact on jobs and growth will continue to be felt for five years.