Huge Revenues Generated by the Olympics

Less than one month until the start of the Olympic Games in London, financial investment for their organization raises questions. Originally estimated figure was about $ 5 billion, but the cost of the event came, according to the latest data, at 14,3 billion dollars.The British government estimates that the Olympic Games, which begin today, will generate additional revenue of 13 billion euros for the UK.

While small firms operating in the Olympic Village area complain that the restrictions, there are winners and they enjoy that are the main sponsors of the event, such as McDonald’s, Adidas and General Electric.Another improvement in England, once the Olympics is unemployment.National Institute of Statistics in Britain announced Wednesday that the number of unemployed fell by 65,000 during March to May, reducing unemployment from 8.3% to 8.1%.London Number of employees increased by 61,000 during the same period.