Olympics 'Runs Risk of Overshooting Budget'

Summary


The London 2012 Olympics is in danger of overshooting its pound(s)9.3 billion budget unless "rigorous action" is taken to curb costs, the Whitehall spending watchdog has warned.

The National Audit Office (NAO) said a doubling in the estimated security costs meant the budget was now so "finely balanced" there was a "real risk" that additional taxpayer funding would be needed.

See the full content of this document

Extract


Olympics 'Runs Risk of Overshooting Budget'

Ministers insist more than pound(s)500 million remains in unallocated funds for dealing with any fu...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United Kingdom

Explore vLex

For Professionals

For Partners

Company