British economy more than £ 5billion London Olympics will admit

British economy more than £ 5billion London Olympics will admit, it is predicted.

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A report by Visa Europe estimates, After three years of playing the new jobs, consumer spending and foreign tourists are motivated in terms of £ 5.1billion.

But the immediate impact on the economy £ 750million next year's Olympics and Paralympics seven-week period will be.

UK High Street retailers to increase earnings can expect a £ 184.8million. Equipment and developed in all areas of pure 1.14billion £ (economic output) also increased the services during the period in order to meet the expected demand.

Visa estimated to create 17,900 new jobs each year to 2015.

The total cost of £ 9.3billion of sports reporting critics say the National Audit Office estimates that can not influence, is 'uncertain'.

Visa reported last Olympic host countries is based on real costs.

London mayor Boris Johnson said: ‘I am determined that hosting the Games in 2012 will transform the wider job prospects and economic future for Londoners.

‘This report shows we are on track to do just that, with the Games set to inject billions of pounds and thousands of jobs into the London economy even after the greatest show on earth has left town.’