The Olympics

The Olympics

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News, information and stories about the 2016 Brazilian Olympic Games and the Olympics in general.

Friday, July 26, 2013

Was The Olympics Worth It?

Allegedly, if a survey carried out by ComRes for the BBC of 3,218 adults is to be believed, then more than two-thirds of the UK public believe the £8.77bn cost of the London 2012 Olympics was worth the money.

That's all very nice and dandy, except that the cost of the Olympics was in fact £12BN.

Given that the survey is based on an inaccurate cost figure, why on earth should the result be seen as in anyway credible?

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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.

Don't forget to visit www.olympicswarehouse.com

www.olympicsdiary.com brought to you by www.kenfrost.com "The Living Brand"