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Will Britain's Economy Benefit from the Olympic Games?

Friday, 13 Jul 2012 | 4:40 AM ET

"We find there is quite material net economic benefits in holding the Olympics in the short-term we think the boost to Q3 GDP will be of the order of 0.3 to 0.4 percent, the longer term benefits are more difficult to measure but we think they are also pretty significant," Kevin Daly, UK Economist at Goldman Sachs, told CNBC.