[Pyramid*]

For anyone who actually wants to discuss or consider the immediate and the long term benefits if all goes to plan.:

http://www.esadvertising.co.uk/en/1/2012profile.html

The 2012 Olympics will provide the opportunity for many areas of the City to accelerate proposed regeneration projects as well as creating new ones.Below is an insight of how the London region will benefit from the 2012 games.

The Games could generate more than £32 billion in tourism revenue over the next decade
Mintel | 2008

2012 and London



The Olympic and Paralympic Games in 2012 will be an essential part of the long-term plans for London. Having absorbed the equivalent of the population of Sheffield in the last 15 years, London is expected to expand by the equivalent of the population of Leeds over the next decade.

A London Plan has been formulated to make sure that this expansion doesn’t encroach on existing green areas, and that the quality of life of Londoners is maintained and improved. The changes necessary for a successful Olympic and Paralympic Games are all consistent with the wider long-term plan for London. The regeneration of the East End - which will reclaim contaminated land for housing and a park area - is a huge project. It will not only generate 9,000 new homes, but also create even more public green space for Londoners to enjoy.

• It is estimated that London’s GDP will increase by £5,900 (million) between 2005 and 2016
• The Olympics provide the city with an opportunity to promote itself to the international business community and attract additional investment from overseas
• Between 2005 and 2016 the gross value added to the tourism economy in the UK is forecast at £518m and in London at £244million,9,000 new homes will be built in turn leading to schools, health facilities and new communities being created,Parklands will be restored and enhanced restoring the recreational and ecological role of the Lower Lea Valley,It is estimated that an additional 8,164 full time jobs will be created in the UK and a further 38,875 created in London,Up to 70,000 volunteer positions will need filling for the duration of the actual events

source:
http://www.esadvertising.co.uk/en/1/2012profile.html