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Britain sees trade, industry boost following London Olympics: report
Last Updated: 2014-07-24 09:36 | Xinhua
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The British economy has seen a trade and industry boost in excess of 14 billion pounds (24 billion U.S. dollars) following the London 2012 Olympic and Paralympic Games, a governmental report published on Wednesday said.

It came from businesses securing contract wins, additional sales and new foreign investment in the two years after the London Olympics.

The London Olympics "was not just an amazing sporting event, but also a great opportunity to secure a lasting economic and sporting legacy for the whole UK," said British Prime Minister David Cameron while addressing business and Commonwealth leaders in Glasgow where the Commonwealth Games opened the same day.

It was the second annual report on the successful legacy from the London 2012 Olympic and Paralympic Games, which highlighted how hosting major sports events can bring about benefits that improve people's lives and help sell the best of Britain to the world.

The report said international visits to Britain increased by 6 percent in 2013 to 33 million with a 13 percent increase in visitor spending to 21 billion pounds.

The country also saw record-breaking Foreign Direct Investment results for 2013/14, with 1,773 projects spread across the country and 14 percent more than the previous year, creating 66,390 jobs, the highest in over a decade.

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