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London Olympics Bill

My hon. Friend makes an interesting point, but answering it would be beyond my pay grade. My hon. Friend the Member for Twickenham (Dr. Cable) might have a few comments to make in respect of that proposal, and I suggest to her that she takes the issue up with him, rather than persuading me to risk his ire by responding. One thing is absolutely clear: London council tax payers still have a mechanism to exert that financial pressure and to keep the costs as low as possible. The Government, who are currently not making a contribution, but will gain considerable revenue as a result of the games, also demonstrate that they, too, will exercise pressure to keep the cost down. That is shown by the welcome decision by the Secretary of State, the London organising committee for the Olympic games and others to reject the proposals for the swimming pool complex. Evidence therefore already shows that measures are being taken to keep the price down. It would be wrong, however, to put ourselves in a position whereby London council tax payers are left in uncertainty about their financial responsibilities. They are rightly being asked to contribute to the cost of the games because of the significant benefits that London will gain, but it is equally right, as the new clause proposes, to cap the contribution so that London tax payers know what they are paying for and for how long. That should be the end of the matter.