subject: Investment Is Integral Now After The Olympics For The British Economy [print this page] The Mayors questionable ideas for Investment
Our charismatic mayor of London has stated that it is key to keep the momentum of investment going, even once the Olympic Games are over and the worlds attention has moved onto other events around the world. Boris Johnson was first seen on the worlds stage in Beijing four years ago, looking casual as ever to say the least, with one hand in his pocket; taking the Olympic flag from the host city, in an attempt to schmooze international businesses and persuade them to invest in the capital.
The mayors joviality has persuaded a handful of private companies to sponsor and invest in some of his ideas. Some of these include a somewhat tower in the Olympic Park, which could be confused with an old fashioned childlike ride. Another comical idea that has been supported by investment, which has been seen at these Olympic Games from our bicycle mad mayor, has been that of the self-service bicycles for hire a scheme.
Johnson has the initial idea that reportedly 100 new foreign companies will come to London, which will create 3,000 jobs and an estimated 350 million English pounds of economic benefit. However, the mayor is disappointed about the lack of presence from China, India and the United States in the capital. This disappointment comes as these three powerful countries would bring an even more extended significant economic benefit to the capital and country.
Realistic and positive reasons for continuous investment
The mayor has publicly announced that we hope to attract more and more people from around the world to invest here and to build their businesses here. Johnson hopes that the investment of the citys transport and infrastructure is going to deliver long term goals and returns for the economic benefit of the country. It is estimated that around 40,000 jobs have been created, on the sole reason of the event of the Olympic Games, this an obvious positive; as well as the neglected east part of London being regenerated and being the main region where the Games is being hosted. These short term benefits should also grow into significant long term benefits, as according to Johnson Olympic Investments will be delivering jobs and growth in London for a long time to come. The long term- economic benefit should be felt beyond East London. There will be community activities and educational programmes throughout the country. Throughout the United Kingdom, plans have been developed to maximise the impact of the Olympic Games in their respective areas and regions. These plans have also been connected to events such as the 2014 Commonwealth Games in Glasgow, along with the already past 2010 Ryder cup which was hosted in Wales. If delivered correctly, the impact of the Games will mean significant benefits for our diverse communities for the future; through the investment of new business and extended training opportunities.
Summary of Boris Johnson
Johnson, with his scruffy blonde hair, apparent disrespect for the politically banal, and in some eyes his general awkward manner, has made him a political symbol (good and bad) across the globe. His now household name is many peoples favourite to be in the running for the next British prime minister. It is fair to say that our London Mayor is so well known that the public and the media simply refer to him as Boris.