Rio Olympics 2016 – A time to shine for Team GB & UK Companies
As Team GB continues to triumph at the Rio Olympics it appears that UK companies are also benefitting from the success of the London 2012 Olympics by using valuable experience gained as an advantage in winning sports contracts.
A number of UK companies won contracts to assist with the planning of the Rio Games. Further, there appears to have been a strengthening of British-Brazilian trade links.
By November 2015, 25 British businesses had already benefitted by entering into agreements worth in excess of £100 million for the Rio Olympics. These initiatives demonstrate an excellent way of strengthening the UK’s global stature.
The UK’s financial situation has undeniably been under pressure since the result of the EU referendum. However an alliance with Brazil in the run up to the Rio 2016 Olympic Games, combined with UK expertise showcased during London 2012, continues to build a strong framework for numerous fiscal opportunities to be enjoyed by UK business owners.
There is plenty of opportunity to ensure that companies benefit from the Rio Olympics and also look forward to the 2018 football World Cup in Russia.
Go Team GB!