A new parliamentary motion calls on the government to use the £377m unspent Olympic contingency fund to repay money taken the Big Lottery Fund.
Jim Cunningham, the Labour MP for Coventry South, has this week tabled an early day motion. It says that the Big Lottery Fund provided £425m of the funding taken from the National Lottery to pay for this year’s Games and that the government should use the £377m unspent contingency "to begin refunding the Big Lottery Fund’s contribution and give support to valuable charities as soon as possible".
The government has promised to repay the £675m taken from Lottery distributors to finance the Games from the sale of Olympic Park land. However, ministers have said that the bulk of this money is not expected to become available until at least the mid 2020s and the full amount may not be repaid until 2030.
Jay Kennedy, head of policy at the Directory of Social Change, said Cunningham drew up the motion after the DSC wrote to a number of MPs asking them to support its campaign, which calls on the government to immediately return the £425m taken from the Big Lottery Fund.
"We are asking people who support the campaign to lobby their MPs to get them to sign the motion," said Kennedy.
No other MPs had added their names to the motion by this morning.