BLF meets over Olympic losses

Senior figures at the Big Lottery Fund met yesterday to review the future of its current spending obligations in the light of the Government's decisions on Olympic funding.

Although Tessa Jowell, Secretary of State for Culture, Media and Sport, has promised that the £425m extra taken from the fund will not come from the organisation's voluntary sector funding, funding for all Big Lottery Fund projects could be reassessed.

The meeting is thought to be the first stage of strategic planning for managing the impact of reduced funds on grants programmes.

A spokeswoman for the fund said of the review: "It's going to look at how Olympic spending will impact on us and various other concerns. Until the board sits down and discusses the issues, there's not much we can say about it."

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