The London 2012 Olympic Legacy is the longer-term benefits and effects of the planning, funding, building and staging of the Olympic and Paralympic Games in summer 2012. It is variously described as: * economic – supporting new jobs and skills, encouraging trade, inward investment and tourism * sporting – continuing elite success, development of more sports facilities and encouraging participation in schools sports and wider * social and volunteering – inspiring others to volunteer and encouraging social change * regeneration – reuse of venues, new homes, improved transportation, in East London and at other sites across the UK.