2012 Olympics give UK economy timely boost

The UK economy has received a huge trade and investment boost from London 2012, a report claims. 2012 Olympics Have Given United Kingdom A £10bn Boost The UK economy has received a massive trade and investment boost from the London Olympic and Paralympic Games, according to a new report. It says additional export sales have brought in £5.9bn, while £1.5bn has come from firms winning new contracts and £2.5bn from new foreign investment. The latter includes the redevelopment of London's Battersea Power Station by a Malaysian consortium and projects involving the Chinese technology company Huawei. Prime Minister David Cameron said: "This £9.9bn boost to the UK economy is a reminder to the world that, if you want the best, if you want professionalism, if you want jobs done on time and on budget then you should think British. "With companies across the country we are harnessing the Olympic (BSE: OLPCL.BO - news) momentum and delivering the lasting busines...