Olympic Games to boost Britain's economy

Global Times Tuesday 17th April, 2012

The London Olympic Games will give a short-term boost to Britain's weak economy but economists predict the greatest sporting spectacle on Earth will fail to prevent a sharp slowdown this year.The government has invested a total of 9.3 billion pounds ($15 billion) to stage the Games, more than four times the original estimate when London was named host city in 2005."The Games is unlikely to prevent the UK's economic recovery from slowing again lat...

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