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Old 18-11-2013, 13:27   #38
Taf
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Re: £11bn Olympics Benefit Target Met

Quote:
Less than 1% of the £2.5bn the UK government says has been invested by foreign firms after the Olympic and Paralympics has come to Wales, a House of Lords report has found.

The economic benefits from 2012 were "disproportionally weighted" towards southern England, the report said.

Fewer than 500 jobs were created in Wales, out of a total of 30,000.
Quote:
"We should in Wales have had a full Barnett consequential of that spending, in fact we only got £9m of the £250m we should have expected."
http://www.bbc.co.uk/news/uk-wales-24983593
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