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Contrary to the Government’s and the MOL’s repeated assurances that the Olympic Games would be a financial bonanza for businesses and they should “gear up” accordingly, particularly in Central London, reports suggest that in fact business took a financial nosedive during the Games and many parts of Central London were effectively deserted.
The Government/MOL arguably ought to have known that there was no basis in fact for giving such assurances, based on various reports which followed Olympic Games in other cities.
It could be said that the Government and the MOL misled the public and caused businesses to suffer a financial loss as a result. If an individual business were able to satisfy certain legal criteria, they may be able to claim for financial losses suffered.
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Gregory Abrams Davidson Solicitors and GAD Commercial are trading names of National Law Partners Limited, registered in England and Wales under number 08312439 and are Authorised and Regulated by the Solicitors Regulation Authority, under number 646548. Gregory Abrams Davidson Solicitors registered office: 20-24 Mathew Street, Liverpool, L2 6RE. VAT Registration Number: 290 6677 68.