Olympic Games to bring 62,000 jobs to UK, says Lloyds

The London Olympics will result in a £16.5bn boost to the UK economy over the next five years, creating the equivalent of 62,200 new jobs.
Wed, 4 Jul 2012
The London Olympics will result in a £16.5bn boost to the UK economy over the next five years, creating the equivalent of 62,200 new jobs.

This is the prediction of a study by Lloyds Banking Group, whose brand Lloyds TSB is a major sponsor for the event.The majority of this is due to come from construction, although tourism is also to be a major contributor.

For more in-depth analysis of the potential impact of the Games on the jobs and skills landscape, see the Special Feature in the next edition of Recruiter magazine, out next Friday (13 July).

Recruitment industry voices say little detail on workforce from the Chancellor

Recruitment industry observers have criticised Chancellor Rachel Reeves’s failure to move the UK ahead in specific commitments to workforce issues.

Legislation 12 June 2025

STEM recruiter acquires construction training firm 3B Training

Morson Group has acquired Wigan-based 3B Training to expand its construction skills offering.

Contracts 12 June 2025

Government’s apprenticeship budget refocuses to ‘rebuild Britain’

The government has made radical changes to skills and training, including a refocus away from higher-level apprenticeship funding.

Legislation 27 May 2025

REC urges government to build on success of Restart Scheme

The Recruitment & Employment Confederation (REC) is urging the government to build on the success of the Restart Scheme.

27 May 2025
Top