Summary
Wales could have everything to lose and nothing to gain from a successful London Olympic bid, according to a top Welsh economist.
The leading business expert has warned that millions of pounds could be diverted away from Welsh sports projects in order to fund the proposed London Olympics in 2012.See the full content of this document
Extract
Plenty to Lose, Nothing to Gain
And he dismisses the idea of a tourism boom, claiming visitors are unlikely to travel to the provinces.
Calvin Jones, of the Welsh economic research unit at Cardiff University, said: 'It's likely to bring only marginal benefits to Wales.'One of the criticisms of the initial London proposal was t...See the full content of this document
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