Olympic Games run £2bn over budget
The London 2012 Olympics is almost £2bn over budget, says a scathing report by MPs who also criticise the organisers for poor security planning and failing to guarantee a clear legacy.
With almost five months to go until the opening ceremony, only about £100m of the £9.3bn budget remains in contingency. That £9.3bn does not include £788m spent buying land for the Olympic Park in Stratford, east London, and at least £826m on legacy projects - including increasing participation in sport, an endeavour the Government is no longer pursuing.
When this spending is taken into account, the true cost of the Games is now around £11bn, the Commons Public Accounts Committee reports today.
Pour citer cette ressource :
"Olympic Games run £2bn over budget", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), septembre 2012. Consulté le 06/12/2023. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/olympic-games-run-2bn-over-budget