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Olympic budget doubled

Olympic budget doubled
The budget for the Olympic Games opening and closing ceremonies has been doubled to £81 million and the government has put an increased focus on improving safety, including 60 kilometres of security fencing.

Prime minister David Cameron said that security for the games was the top priority as he raised the budget to £1.1 billion. The total costs of securing the venues have been estimated at £553 million whilst an extra £600 million will be paid to support the Metropolitan Police Force.

Sports minister Hugh Robertson announced that the budget for the opening and closing ceremonies would be doubled from £40 million to £81 million.

Mr Robertson said: "This is a great national moment. It is about seizing this great ceremonial and economic moment to benefit the economy and the public and tourism in the long run. This money will not be spent on fireworks it will be an important investment in the economic future of the country."

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Date: 06/12/2011 15:43:29

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