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Olympic Games 2012: Finance

Volume 481: debated on Tuesday 28 October 2008

To ask the Minister for the Olympics if she will provide a breakdown by main budget heading of the (a) £66 million contribution to paralympic costs and (b) £32 million allocated to the Look of London contained in the public sector funding package for London 2012. (229335)

[holding answer 23 October 2008]: The £66 million is the Government's planned contribution, within the £9.325 billion funding package, towards the hosting of the Paralympic games by the London Organising Committee of the Olympic Games and Paralympic Games (LOCOG). The precise breakdown of costs will need to be agreed between LOCOG and the Government as detailed plans for the Paralympics develop.

Expenditure on the Look of London is expected to take place in the financial years of 2011-12 and 2012-13. The breakdown of costs within this £32 million funding will be determined in the next spending round, and detailed budgets agreed nearer the time.