London 2012 Olympic Games budget cut by £27m
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London 2012 Olympic Games budget cut by £27m
The government has announced that £27m is to be cut from the 2012 London Olympic budget.
The decision is part of the £6.2bn of savings in public spending announced by the Conservative-Liberal Democrat coalition on Monday.
The cutback affects the Olympic Delivery Authority (ODA), which is the body building the venues.
The previous Labour government had said the £9.325bn budget for the 2012 Games in east London was ring-fenced.
Jeremy Hunt, the secretary of state for culture, media and sport, told the bodies the savings should not interrupt the Olympic programme and that "frontline services" should be protected. (from BBC)
Few less drinkies for the Exec's...
The decision is part of the £6.2bn of savings in public spending announced by the Conservative-Liberal Democrat coalition on Monday.
The cutback affects the Olympic Delivery Authority (ODA), which is the body building the venues.
The previous Labour government had said the £9.325bn budget for the 2012 Games in east London was ring-fenced.
Jeremy Hunt, the secretary of state for culture, media and sport, told the bodies the savings should not interrupt the Olympic programme and that "frontline services" should be protected. (from BBC)
Few less drinkies for the Exec's...
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