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Olympics and Paralympics (Funding)

One of the extraordinary things about how much has been achieved in preparation is that the world is different in quite a number of ways from that of 2005. My hon. Friend is entirely right that the security picture has changed enormously and, I am afraid, for the worse, so it has required much more attention, but the other big change is the economic climate, and many funding issues have been influenced by the fact that the Olympic facilities have had to be built in the teeth of a severe global recession. That has also proved very difficult. One thing that we discovered in talking to previous organisers of Olympic games was that several could not have done so had their work coincided with a recession as deep as the one that we have experienced.