Politics: Olympic Park Will Now Need Another Pounds 900m, Says Jowell

Summary


The cost of London's 2012 Olympic Park has rocketed by pounds 900 million, Culture Secretary Tessa Jowell confirmed yesterday.

The new pounds 3.3 billion figure, up from pounds 2.375 billion, includes an extra pounds 400 million to pay the delivery partner consortium CLM. Its job will be to try to ensure the 2012 Games come in on budget and on time.

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Politics: Olympic Park Will Now Need Another Pounds 900m, Says Jowell

The National Audit Office, the Whitehall spending watchdog, has also been brought in t...

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