BUSINESS leader Sir Digby Jones rejected fears that Liverpool and the regions will lose out financially from London's successful 2012 Olympics bid.
Speaking exclusively to the ECHO, the director general of the business organisation CBI also said the Olympics will make the Maglev project, which could link Liverpool and London in 58 minutes, even more of a certainty.
He said: "I was intimately involved in the bid two years ago with Gordon Brown and Tessa Jowell and we really did run the numbers. There is no chance of a dilution of the money effect.
"One of the great benefits of this for business is if you are in Liverpool, or Manchester, or Leeds, the economic spin off will be absolutely enormous.
"It will give places like Liverpool a platform around the world on which Liverpool business can sell themselves.
"For example, by 2012 Jaguar Halewood will be building 'son of Freelander and X-Type,' so what better to say, while you're here, come and see what we do at the most productive car plant in the world."
He added that the "acute regional passion" in the UK will not allow London to siphon off government cash.
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