Britain says Olympics have paid off with economic boost (Reuters)

By Keith Weir LONDON (Reuters) – The economic benefits of hosting the Olympics in London already outweigh the nine billion pounds ($13.7 billion) of public money spent on the Games, the British government said on Friday. A year on, the Games remain a fond memory for most Britons who recall the triumphs of runner Mo Farah and cyclist Chris Hoy but have gone back to their daily routines in a country where the economy is showing signs of life after a long stagnation. Keen to show that the London 2012 Games had a lasting impact, the government said it calculated Britain had enjoyed a 9. …