The Observer has an astonishing report that an extra £1 billion is already having to be pumped into the London 2012 Olympic Games project by the UK central Government, even at this early stage !
Secretary of State for the Department of Culture, Media and Sport, Tessa Jowell, should resign for misleading Parliament about the costs of the Olympics. e.g. during the introduction of the London Olympics Bill, on Thursday, 21 July 2005, when she claimed:
"Eric Forth (Bromley & Chislehurst, Con):
"Now that the Secretary of State has introduced the subject of money, can she give us-as she develops her argument on the Bill-her estimate of the total cost of the entire project and some idea of the cost to London council tax payers per year, and for how many years?"
Tessa Jowell (Secretary of State, Department for Culture, Media & Sport):
"The answers to both parts of that question have already been clearly set out in the submissions to the IOC and before the House."
The Observer article:
Olympics are handed an extra £1bn as costs soar
Denis Campbell, sports news correspondent
Sunday September 18, 2005
The cost of the 2012 London Olympic is soaring amid growing fears that the final bill will be far higher than the original estimates.
The Observer has obtained a letter from a senior civil servant to London mayor Ken Livingstone in which £1 billion of government money is pledged that ministers had not previously revealed would be forthcoming. The letter appears to contradict the government's insistence that 2012 would not involve any central funding and would be paid for entirely from lottery receipts and a levy on the capital's council taxpayers.