Bloomberg News

U.K. Will Use Olympics to Spur Investment With Business Summits

January 16, 2012

Jan. 9 (Bloomberg) -- The U.K. government will host a series of conferences and seminars during the London Olympic Games to boost investment in Britain.

The meetings, starting with a Global Investment Conference including central-bank governors, trade ministers and company chiefs on July 26, will generate more than 1 billion pounds in additional revenue for British businesses, the U.K. Trade and Investment agency said in an e-mailed statement today.

“This summer’s Olympics will put the eyes of the world on Britain as we host not just an unparalleled sporting spectacle, but also a chance for companies from across the globe to interact and do business here in the U.K.,” Prime Minister David Cameron said. “We are working hard to make sure the whole country can seize this once-in-a-generation opportunity.”

The program of meetings will run throughout the Olympic Games, which start on July 27 and continue until Aug. 12, as well as during the Paralympics between Aug. 29 and Sept. 9, UKTI said.

Each day will be themed, including a day focused on China- U.K. partnerships on July 28 and two days on “the journey to smart energy” on Aug. 6 and 7. The list of summits published today does not include one dedicated to financial services.

--Editors: Eddie Buckle, Patrick Henry

To contact the reporter on this story: Thomas Penny in London at tpenny@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net


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