Experts: Olympics haven’t delivered significant financial rewards

A general view shows riders on the course during the BMX cycling event at the London 2012 Olympic Games in the Olympic Park in east London. Britain’s construction sector benefited hugely before the Olympics. — AFP

LONDON: Britain's recession-hit economy was unlikely to have won a major boost from the London Olympics that have been a triumph for the nation's athletes, analysts say.

While Britain's construction sector benefited hugely before the Olympics, experts have said the 17-day sporting spectacle had not delivered significant financial rewards and neither was it expected to in the months and years ahead.