The Cultural Olympiad spans four years and encompasses more than 500 events – culminating with the current London 2012 Festival. This unprecedented artistic marathon has cost a reported £97m – but is it worth it?Jan Dalley puts this question to Sarah Weir of the Legacy List, a post-Olympic charity for arts, culture, education and skills; William Sieghart, founder of the National Poetry Day and of Winning Words, a national project to incorporate poetry in the games; and Peter Aspden, FT arts writer. Produced by Nicholas Spencer

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