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Proceeding contribution from Hugh Robertson (Conservative) in the House of Commons on Tuesday, 6 December 2005. It occurred during Debate on bill on London Olympics Bill 2005-06.

London Olympics Bill

The amendment and the new clause were tabled in my name and that of the hon. Member for Bath (Mr. Foster). Let us be very clear about what is involved here. When a bid was first considered, the Government and the Mayor agreed a funding package of £2.375 billion to help meet the costs of staging the Olympics in London in 2012. That figure was made up of £1.5 billion from the lottery, 50 per cent. of which will come from existing sources and 50 per cent. from the new Olympic lottery games, £250 million from the London Development Agency and £625 million from London council tax payers.

Secondary information

Type
Proceeding contribution
Reference
440 c762 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
Disability Compensation Compulsory purchase Betting Advertising Costs Business Council tax Contracts for services Finance Land Greater London Greater London Authority Infrastructure Facilities Local government Property transfer Planning Olympic Games National Lottery Location Paralympic Games Sales Regional planning and development Sports Touting Transport for London Tickets Regional development agencies London Development Agency London 2012 Organising Committee Olympic Delivery Authority
Legislation
London Olympic Games and Paralympic Games Bill 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk