Tears and smiles by the billion at London Games


LONDON (Reuters) - Britain spent nearly nine billion pounds ($14.42 billion) to create a magical and ambitious wonderland of venues for the 2012 Olympic Games, where fans were thrilled across a capital whose grime and grandeur alike got a makeover of global glamour.

The Games proved a timely shot in the arm, spiritually if not financially, for a bruised nation struggling with economic recession. The government, citing figures that were all but unmeasurable, said they would even deliver monetary benefits, to the tune of some $20 billion, though others were sceptical.

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