London Olympics win is massive boost for economy

London winning the 2012 Olympics should mean terrific opportunities for UK firms in manufacturing and construction, according to the Transport and General Workers’ Union (T&G).

Tony Woodley, general secretary, said: “This is fantastic news for London. UK companies and their workforces should be at the forefront of the projects to deliver the quality venues for the quality games in 2012.”

The union said the win would mean the regeneration of whole swathes of East London and particularly the lower Lea valley.

Welcoming the potential for quality jobs in the region as well as improvements to the capital’s transport network, Woodley said the union had already put a marker down for ethical trading.

“London and the South East will deliver and the T&G will play our part. Of that I have no doubt,” he said. “We have already met with the Mayor to say we want him to do all he can to ensure merchandising to promote the games is produced under fair trade.”


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