Olympic Games 2012

(asked on 9th September 2014) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, what UK Trade and Industry's most recent (a) estimate and (b) target is for business generated for UK companies as a result of the London 2012 Olympic and Paralympic Games.


Answered by
Matt Hancock Portrait
Matt Hancock
This question was answered on 10th October 2014

UK Trade & Investment was tasked with delivering £11bn of UK-wide economic legacy from the London 2012 Games by 2016.

This target was achieved 14 months after the Games; £11.6bn reported in October 2013.

The latest figures show that the figure of economic benefit achieved through export growth and attracting new investment now stands at £14.2bn.

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