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London 2012 (UK Businesses)

January 18, 2010

Oral Question on 18/01/2010

While I appreciate that this is a national games and that we want benefits across the country, will the Minister give some indication of the small businesses within a 5-mile radius of the Olympic village that will feel the benefit? Does she have data to hand so that she can give us that information at this stage, or perhaps in writing?

Answered by Tessa Jowell

About 50 per cent. of all the businesses that have so far contributed to the supply of the Olympic park are within London. I am not able, at this point, to give the hon. Gentleman the precise detail that he wants, but I am happy to supply it. The ODA is about to issue another £1 billion-worth of contracts, and LOCOG £700 million-worth of contracts, so there are opportunities for businesses of all sizes not only in London but right across the UK.