Financial Times FT.com

Olympics venue bill £196m over budget

By Roger Blitz, Leisure Industries Correspondent

Published: February 6 2009 01:43 | Last updated: February 6 2009 01:43

London Olympics organisers are under renewed pressure over costs after the government revealed that the bill for venues is now forecast to be £196m ($287m) over budget.

The revised budget for the Olympic stadium, aquatics centre and other venues is now £1.36bn compared with £1.17bn figure the government assigned to venue costs in November 2007.

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