The Olympics

The Olympics

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News, information and stories about the Olympics.

Monday, June 25, 2007

Olympic Money Row

A row has broken out over the use of lottery money to fund the ever growing London 2012 Olympics Games budget.

The Culture, Media and Sport committee are very unhappy that lottery money is being diverted from British museums and galleries to pay for the 2012 Olympics. They have stated in a report, entitled "Caring for Our Collections", that the money should be treated as a loan and repaid.

The report also states that no more money should be drained from the Heritage Lottery Fund, or other lottery distributors, if the Olympic bill exceeds the figure set out by Tessa Jowell on March 15.

As yet, there has been no response from Jowell.

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