London 2012 Olympic Games budget cut by £27m
The government has announced that £27m is to be cut from the 2012 London Olympic budget. The decision is part of the £6.2bn of savings in public spending announced by the Conservative-Liberal Democrat coalition on Monday.
The cutback affects the Olympic Delivery Authority (ODA), which is the body building the venues. The previous Labour government had said the £9.325bn budget for the 2012 Games in east London was ring-fenced. Jeremy Hunt, the secretary of state for culture, media and sport, told the bodies the savings should not interrupt the Olympic programme and that "frontline services" should be protected.