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The legacy of the 2012 London Olympic Games
Olympic Games are an overall benefit to their host countries
The London 2012 Olympic Legacy is described as the long-lasting benefits and effects of the designing, financing, developing, and staging of the Olympic and Paralympic Games in summer 2012. It was coordinated by the UK Government who appointed Lord Sebastian Coe as the London 2012 legacy ambassador in August 2012.
The legacy included economic advancement strategies like supporting new jobs, uplifting trade, tourism, and sporting improvement involving the development of further sports facilities and encouraging participation in schools’ sports and more.
It was visualized to transform the East end of London to inspire social work and volunteering encouraging a positive change for social and cultural benefits. It also included the creation of venues to be reused as new homes, improved transportation, in East London, and at other sites across the UK.
The aim was to present the UK as a friendly place to live in, visit, and for establishing business and trade.
London 2012 presented Britain as a wonderful host and accommodating the Olympic and Paralympic Games has surely brought huge economic benefits to the country.
In 2018 UK Sport, Britain’s high-performance agency that invests in Olympic and Paralympic sports reported an economic impact of 134 million pounds ($176 million) following the London Olympic and Paralympic generated in Capital by National Lottery and taxpayer-funded events. According to the report, the city is still reaping fruit because of new homes built on the Olympic site and thousands of new jobs created.
