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Olympics and Paralympics (Funding)

My hon. Friend is absolutely right. Although it is not for me to defend the previous Government, it is worth balancing what he says by saying that the money that was expected to come from the private sector for the athletes' village and the broadcast and media centre was not forthcoming because of the financial situation. Despite the fact that everything he says is correct, it should be balanced by the fact that the Government are already in receipt of money for the sale of the athletes' village and will, I hope, in due course be in receipt of money for the broadcast and media centre.