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Government has decided to expend £3million From Olympics Budget to flack UK to London People

Wednesday, September 14th, 2011

Government has decided to make UK more of a holiday destination for the Londoners who are willing to leave the flurry. For this it has also decided to spend £3 million of the Olympics finances. As said by Culture Secretary Jeremy Hunt that Government wants that if Londoners are designing their holiday plans to depart from the city during the Olympics Games, then they should only go for holidays in UK.

Hunt added that the £3 million publicizing expenditure will come forth from the £9.3 billion public sector expending finances on the Olympics and twinned with match financing from private tourism sphere segments would give £500 million in economic input among a 10% growth in all-night hotel bookings. And if there is huge profit via the Olympics games, then the first £10 million of such a superfluous amount will be hand over to the British Olympic Association.

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