In the second-quarter of 2013 , the U.K. grew by 0.6 % -- double the rate of expansion for the first three months of the year -- suggesting Europe 's third-largest economy is on track for a recovery . ComRes poll : 22 % of the public feel the Games have had a positive impact on the local economy . The Olympics are also expected to generate £2.3bn in tax revenue for London and its surrounding areas, which will be used by councils across England to fund services such as schools, hospitals and social Mayor of London Boris Johnson said that the success of the Olympics and Paralympics has spurred investment .
ComRes poll : 22 % of the public feel the Games have had a positive impact on the local economy . The Olympics are also expected to generate £2.3bn in tax revenue for London and its surrounding areas, which will be used by councils across England to fund services such as schools, hospitals and social Mayor of London Boris Johnson said that the success of the Olympics and Paralympics has spurred investment .