Olympics budget up to € 13,7 billion
The UK’s Culture Secretary Tessa Jowell has announced that the budget for the 2012 London Olympics has risen to UKŁ 9,35 billion (€ 13,67 billion). The revised budget is nearly four times the UKŁ 2,4 billion (€ 3,5 billion) estimate when London’s bid succeeded in 2005. Construction costs are now estimated at UKŁ 5,3 billion (€ 7,7 billion). There is now a UKŁ 2,7 billion (€ 3,9 billion) “con . . . more |