THE build-up to the Olympic Games in London has seen many pledges that the 'greatest show on earth' will benefit the whole of the UK.
But with the countdown to the global event now well under way, the financial dividend for Scotland looks far from stellar.
New figures uncovered by the Sunday Herald show that public sector expenditure on the Olympics from the UK Treasury pot between 2005-6 and 2009-10 is more than £2.6 billion (£2669 million). Over the same time, the direct spend in Scotland as a result of London 2012 was less than £1m. So in terms of public-sector spend in Scotland as a result of the Olympics, the country made 0.04% of what the rest of the UK reaped.
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