Are any of you folks from the UK attending the Olympics?

[Reforged]

I don't think the UK will lose out either. I've heard predictions of a 13bn return. And the countries morale will take a huge boost. That's what we need to help turn the economy around.

From wikipedia on the 2012 London Olympics:
"Financing
The costs of mounting the Games are separate from those for building the venues and infrastructure, and redeveloping the land for the Olympic Park. While the Games are privately funded, the venues and Park costs are met largely by public money.
The original budget for the games was £2.4 billion, but this was increased almost fourfold to about £9.3 billion ($14.46 billion) in 2007.[81] The revised figures were announced to the House of Commons on 15 March 2007 by Tessa Jowell. Along with East End regeneration costs, the breakdown was:

Building the venues and infrastructure for the Games: £5.3 billion
Elite sport and Paralympic funding: £400 million
Security and policing: £600 million
Regeneration of the Lower Lea Valley: £1.7 billion
Contingency fund: £2.7 billion
VAT: £800 million"
Claiming you can turn in a substantial profit: Priceless

Keep in mind this prediction is from 2007 and various more recent investigations have claimed it will cost significantly more but vary in their figures:
http://news.sky.com/story/920409/sky-inv...-tops-12bn
http://www.dailymail.co.uk/news/article-...imate.html
http://www.guardian.co.uk/sport/2012/mar...udget-cost

These sources are obviously not something you would stake your life on but it definitely does not bode well.
I would also beware of predictions made by the government:
http://www.dailymail.co.uk/news/article-...ouble.html

Also, please go on 4od and type in:
Dispatches: Cashing in on the games.
It will inform you on the negative effect reckless profiteering during the olympics will have on our reputation and in turn tourism which is a major source of income for our country. An assessment firmly backed by Which and many experts.