Paying for 2012: The Olympics Budget and Legacy

Author: Max Nathan and Tracy Kornblatt
Date: 22/03/2007

The Government has just announced the new budget for preparing the 2012 Olympic Games. Its over £9bn, more than double the initial estimates. Why has the budget gone up, who should pay, and what we will get for our money? This briefing provides a brief overview of Olympic costs, the likely legacy and future risks.