Downing Street Says

» Tuesday, November 21, 2006

Olympics

Asked if the Prime Minsiter was worried or had a reaction to the reports that the costs for the Olympics was rocketing, the PMOS said that the important thing was to recognise that it had always been said that a major part of this was in terms of securing the legacy for the area. He went on to say that it should be recognised that by pushing down on costs £300 million had been saved. There is the legacy issue and this was identified before the bid was submitted. The important thing is that these costs and been identified and Tessa Jowell had said at Cabinet several weeks ago that we recognised that we, at this stage, as the International Olympic Committee has recognised, were substantially ahead of similar cities and bids in the past in getting ready for the games. Progress is being made and it is a continued review of all costs involved, in addition to acknowledging that there are elements outside of our control such as the rising costs of steel. Asked if the Prime Minister had principles in mind on who should bear the brunt of any extra costs, such as taxpayers in London, the PMOS said rather than speculating it would be best for the Department for Culture Media and Sport to deal with.

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