Paying for 2012: The Olympics Budget and Legacy
Article
Why has the Olympics budget gone up, who should pay, and what we will get for our money?
The Government has just announced the new budget for preparing the 2012 Olympic Games. It's over £9bn, more than double the initial estimates. Why has the budget gone up, who should pay, and what we will get for our money? This briefing provides a brief overview of Olympic costs, the likely legacy and future risks.
Centre for Cities has re-launched as an independent think tank. You can visit them online at http://www.centreforcities.org.
Related items

Analysis of industry claims about the effects of higher gambling taxes
Our response to the backlash from the gambling industry on calls for higher taxes.
Rethinking child poverty through enrichment accounts
Every child should have access to activities that build confidence, skills, and opportunity, regardless of income.
Taxing choices: Taking the public’s temperature ahead of the budget
The stakes for a government are rarely higher than at a budget. Every chancellor has dealt with this differently. Ken Clarke would draft his budget speech with cigars and whisky, Gordon Brown pored over every word in what officials called…