New concern over Olympics money

Umbrella body the NCVO has said it will continue to police the Government's commitment not to raid lottery funds in the wake of predictions that the 2012 Olympics budget will rise again.

John Armitt, chairman of the Olympic Delivery Authority, said last week that the Government would have to bail it out after costs continued to spiral.

Boris Johnson, the Mayor of London, has said taxpayers in the capital will not contribute "a penny more".

Voluntary organisations are already expected to lose £250m in lottery funding to London 2012.

"The Government has made a commitment that there will be no further raids on lottery funds to pay for the Olympics," said a spokeswoman for the NCVO. "We expect it to uphold that commitment.

"We will continue to police the Government's commitment to prevent any more funding diversions."

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in