Report claims Olympic '£9.9bn boost' to UK economy

Fireworks at the opening ceremony of the London Olympic Games 2012 at the Olympic Stadium, London. Credit: Anthony Devlin/PA Wire/Press Association Images

The economic benefits of hosting the Olympics have already outweighed the costs it was claimed today.

A government report says the Games have boosted the economy by £9.9 billion - nearly a billion more than it cost us to host them.

But some are sceptical about the accuracy of the report.

ITV News Deputy Political Editor Chris Ship reports: