Olympics will give little economic benefit

Even before Britain won the 2012 Olympic Games bid, a strategy document called The Game Plan found little evidence that the event would be good for the economy or encourage more people to play sport, two reasons given by the government for bidding for the games. The only beneficial aspect the games would provide the UK was in providing a morale-boosting national celebration the report concluded. The report was said to have been ‘buried’ by the government when it was published in 2002, while the costs have more than tripled from £2.4 billion during the bid to £9.3 billion today.