18-11-2013, 13:27
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#38
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cf.mega poster
Join Date: Jun 2003
Location: Kairdiff-by-the-sea
Age: 69
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Posts: 10,301
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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.
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Quote:
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"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."
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http://www.bbc.co.uk/news/uk-wales-24983593
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