On 10 December 2007 the Government announced the result of work undertaken to ensure that the budget for the Games is fully aligned with scope, programme and risks; and confirmed that the findings of this work validated the ODA Budget, and the overall funding package of £9.325 billion that was announced in March 2007, which is consistent with the CSR settlement.
Details of progress across the Olympic programme, and funding for the Games, can be found in the first Annual Report on the London 2012 Olympic and Paralympic Games, published on 22 January 2008. I will make further reports to Parliament on a six monthly basis.