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Olympics and Paralympics (Funding)

One of the concerns, if not of many Members of the House, then of many people outside it, is that very little attention seems to have been paid at the beginning to how much this would all cost. Various figures were bandied around at that juncture, and £2.5 billion was suggested as the cost of the overall package. I accept that it is good that we have the games and that there is unity across the House about that, but it is equally important that there is an open debate on funding and other related issues, particularly the question of whether there will be the legacy we all hope for in that part of east London, which we will not have a definite answer to for at least another decade. One of the concerns at the outset—of course, that was a very different economic time—was that there was very little scrutiny of the whole funding issue.