Olympics on track, report says
THE building of the Olympic Stadium is on time and on budget, the government’s yearly report said.
Overall funding for the 2012 Games remains at �9.3 billion, the Olympic Delivery Authority’s annual figures showed today.
Construction of the site in Newham is almost 80 per cent complete.
The Velodrome for bike racing is on course to be the first Olympic Park venue to be finished.
ODA chief executive Dennis Hone said: “Around �780m [has been] saved since the start of the project to keep us within budget.”
You may also want to watch:
The government is holding back �27million for costs that may arise when the Games are staged.
A total of �22.5 million is being split between local authorities to pay for street cleaning and transport costs.
- 1 Luxury Canary Wharf flats going for lower rent set by the council
- 2 Driver, 18, wanted for driving wrong way through Blackwall Tunnel
- 3 Fines totalling £361k handed to East End landlords and agents
- 4 Isle of Dogs man who murdered teenager at Crossharbour DLR sentenced to 27 years
- 5 Liverpool Street to Shenfield line suspended as person hit by train
- 6 Barts Health NHS Trust reports one of lowest rates of vaccinated staff
- 7 Man charged after triple stabbing on night bus in Mile End
- 8 Capacity at West Ham's London stadium to increase to 62,500
- 9 19 arrested and cash seized in East End dawn drug raids
- 10 Man killed after fall from Bow tower block
Tower Hamlets is getting �1.1 million.
On Friday, Premiership football team West Ham announced it had successfully bid to take over the Olympic Stadium after the Games.