Economy sees huge boost from London 2012
The UK economy has seen a £9.9bn trade and investment boost from the London Olympic and Paralympic Games.
The boost, one year into a four-year programme of activity and events,
comes from businesses securing contract wins, additional sales and new foreign investment in the last year.
Further evaluation reports published by the Government and Mayor of London today show that 1.4 million more people are playing sport at least once a week than in 2005 when the bid was won and an independent report projects that the total benefit to the UK from hosting London 2012 could reach up to £41 billion by 2020.
Mark Robson, regional director for UKTI Yorkshire and the Humber, said that the success of Yorkshire athletes puts the region on a stronger footing as it pursues export growth and inward investment opportunities.
He said: “The success of Team GB at last summer’s games resonated throughout the regional business community, which was galvanised by the success of our many star athletes.
“The likes of Nicola Adams, Ed Clancy, Luke Campbell, the Brownlee brothers and, of course, Jessica Ennis-Hill proved we have what it takes to compete internationally and to make an impact. They undoubtedly put us on a stronger footing as we pursue vital export growth and inward investment opportunities.
“We also have next year’s Grand Depart to further strengthen the appeal of what this region has to offer, which is a huge amount across a broad spectrum of industry when it comes to business.
“Le Tour presents another wonderful legacy opportunity in its own right, and another chance to show that Yorkshire and the Humber can truly lead the way.”
