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Olympic Games 2012

Volume 711: debated on Monday 1 June 2009

Question

Asked by

To ask Her Majesty's Government what is the latest cost of the 2012 London Olympic Games; and what was the proposed cost in the United Kingdom's original successful bid. [HL3734]

I refer the noble Lord to the first annual report on the London 2012 Olympic and Paralympic Games, published on 22 January 2008. This provides details of the development of the funding package for the Games from bid time to the announcement of the £9.325 billion funding package in March 2007.

As confirmed in the recent quarterly economic report on the Games (13 May 2009)—the £9.325 billion funding package for the Games remains unchanged. Both documents have been placed in the Libraries of both Houses.