Further to the Olympicsboostsh*t report on Games Monitor the rise in GDP was declared to be 1% not 0.7%. When it announced the figures the BBC reported the ONS as saying that 'beyond the effect of ticket sales, it was hard to put an exact figure on the Olympic effect, although it cited increased hotel and restaurant activity in London as well as strength from employment agencies.' This last statement is interesting as it is reported there was a decline in tourism numbers and in hotel occupancy but this was made up for with a rise in room yields because prices had been jacked up in anticipation of a tourism feast. The Association of Leading Visitor Attractions (ALVA) had reported a plunge in visitors to attractions all over the UK during the summer, including the Olympics period.
The ONS makes a guarded statement about online retail sales where others were more outspoken about the decline. Retailers and restaurants were complaining at the start of the Games at the decline in customers and demanded TfL alter its transport advice and these impacts continued to be felt in particular areas like Greenwich and Leyton. The ONS stated that it had fixed Olympics ticket sales in the figures for this quarter even though the sales had actually occurred in previous months.
Statements from the ONS include a lot of possibles, mays, mights and 'no direct evidence':
*Employment agencies showed some strength in the quarter and it is possible that some of this strength was related to the Olympics. However, there was no direct evidence from survey respondents to support this
*Office administration: office administration was quite strong in the quarter but the evidence on any Olympic effect was mixed, with some respondents suggesting that it may have had an adverse effect, as opposed to explaining the strength
*Creative arts and entertainment activities: the arts and entertainment sector has been showing some strength for some time, with quite strong growth in the most recent quarter. There was some evidence from survey returns that output was higher in July and August because of the Olympics
*Accommodation: hotels showed greater activity in the quarter and this was one area where one might expect to see an Olympic effect, albeit mainly in London. There was some evidence from survey returns that output was higher in July and August because of the Olympics
*Food and beverage services: there was some strength in the food and drink sector and some evidence from survey returns that part of this might have been due to the Olympics
*Land transport: there was some strength in parts of the transport sector and some evidence from survey returns that this might have been due to the Olympics
*Retail: retail showed some strength in the quarter but there was very little evidence of any significant Olympic effect. Indeed there was some feedback from online retailers that sales were lower as consumers watched the Olympics instead of shopping online
*Motion picture, video and TV programme production: the data here were quite weak for the quarter and there was some evidence from survey respondents to support this weakness - 'people watching the Olympics instead'
Submitted by Julian Cheyne on Tue, 30/10/2012 - 16:00.
Submitted by Martin Slavin on Fri, 10/08/2012 - 20:39.
Perfect casting for being hoist by his own petard. It's not everybody has their own Petard. The rich fat bastards have all the fun. That's not raw talent you know. They have the breeding you see. And the fagging. That and centuries of de Feffling about on a wet Saturday indoors with the croquet mallets.
Submitted by Martin Slavin on Thu, 02/08/2012 - 22:43.
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Submitted by Steve Dowding on Tue, 31/07/2012 - 16:42.
David Cameron is giving upbeat press conferences about how well the Tube system is working despite the influx of 100,000 Olympic visitors. Transport for London say passenger numbers on the Tube on Monday were up 4%.
Submitted by Martin Slavin on Tue, 31/07/2012 - 08:40.
Submitted by Martin Slavin on Mon, 30/07/2012 - 12:07.
BRITISH Waterways has ceased to exist in England and Wales and in its place Canal & River Trust (CART) has at last been created to care for the waterways.
Submitted by Martin Slavin on Wed, 04/07/2012 - 10:46.
Submitted by Steve Dowding on Thu, 28/06/2012 - 13:47.
"Hackney WickED Art Festival will not take place in 2012"
Hackney WickED, established in 2008 coinciding with the Beijing Olympics and taking place the last weekend in July since, will not be taking the form of a three day festival this Olympics year.
Submitted by Steve Dowding on Tue, 15/05/2012 - 19:55.
Submitted by Martin Slavin on Sun, 18/03/2012 - 19:14.