Experts have questioned government claims that the 2012 London Olympic Games could deliver a long-term economic boost worth as much as £41bn by 2020.
Issued on 19 July, in advance of the first year anniversary of the Games, the report suggests the economic impact is between £28–41bn in gross value added (GVA) and between 618,000 to 893,000 years of employment. Figures suggest £9.9bn of international trade and inward investment has so far been won off the back of the Games and related promotional activities, outstripping the estimated £8.9bn costs of hosting the 2012 Olympic Games – which were delivered within budget and on time.