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SBD Global/May 10, 2013/Olympics

U.K. Sees 31K Jobs Directly Created By London Games While Investments Reached $3.9B

Preliminary government figures revealed that more than 30,000 new jobs "were created last year on the back of the Olympics" as foreign investors poured more than £2.5B ($3.9B) into the U.K., according to Phillip Inman of the London GUARDIAN. British Trade & Investment Minister Stephen Keith Green said that the "boost to inward investment followed efforts by British embassies, which held a series of summits in fast-developing economies linked to the Olympics and Paralympic Games." Green: "The 2012 Olympics were a once in a generation opportunity for the U.K. to showcase to the world Britain's compelling investment offer and these preliminary figures are very encouraging" (GUARDIAN, 5/9).
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