The Olympics

The Olympics


News, information and stories about the Olympic Games.

Wednesday, 16 January 2008

The £1BN Black Hole II

The government has denied the existence of £1BN blackhole in the London 2012 Olympics budget.

Well they would wouldn't they?

Culture Secretary, James Purnell, promised yesterday that no more money would be transferred if MPs voted to take take almost £1.1BN from the National Lottery to pay for the 2012 London Olympics.

The MPs duly agreed like sheep.

Purnell claims that the £12BN budget (including £2BN running costs) was "robust", and dismissed claims of a £1.1BN "black hole".


Where was dear old Tessa Jowell during this discussion?

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