Games beat the bud­get, says min­is­ter

Midweek Sport - - NEWS -

THE cost of the Lon­don 2012 Olympic Games has come in at £377 mil­lion un­der bud­get, ac­cord­ing to Gov­ern­ment fig­ures.

The over­all cost of the Games – which saw Bri­tain scoop 65 medals, in­clud­ing gold for Jes­sica En­nis (above) – is fore­cast to be £8,921 bil­lion from a bud­get of £9,298 bil­lion.

With some con­tracts still to be set­tled, min­is­ters are call­ing the un­der­spend a “pru­dent” es­ti­mate.

Sports min­is­ter Hugh Robert­son said: “The work of the con­struc­tion and de­liv­ery teams has set a very high stan­dard and I have no doubt that Lon­don 2012 has set a new bench­mark for the man­age­ment of Olympic and Par­a­lympic Games in fu­ture.”

Talks are still on­go­ing be­tween the Lon­don 2012 or­gan­is­ers and G4S to get the se­cu­rity firm to pay back money for the cock-up over its fail­ure to pro­vide enough se­cu­rity guards for the Games.

Robert­son said: “The £377 mil­lion fig­ure is con­ser­va­tive.”

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