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London Olympic Games and Paralympic Games (Amendment) Bill

The hon. Gentleman might like to refer to the Hansard of May 2005, where I made it absolutely clear that, were we to win the games, the budget to build the venues in the park that had been submitted as part of the bid book would have to be revisited. We did increase the budget, because our ambition for regeneration was much greater after we won the games. Some 75p in every £1 spent on building the park was spent on regeneration. The site would have been contaminated waste land in perpetuity had we not won the games. We have accelerated regeneration. In six years, we have done what would otherwise have taken 60 years. That has brought benefit to London. It has brought jobs to London and has been good for the economy of London, way beyond just having 60 days of Olympic and Paralympic sport.