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Lottery warning on London Olympics
Lottery warning on London Olympics
Last Modified: 09 Jan 2007
By:
Andy Davies
A row is brewing over whether the Lottery will be used to fund the shortfall of holding the London Olympics.
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The biggest distributor of National Lottery funds has warned that charities will face a devastating impact, if - as expected - more money is diverted to pay for the London 2012 Olympics.
The BIG Lottery Fund provides around £600m to good causes each year - but may be asked to fund a large amount of the extra £900m needed to pay for building the Olympic Park.
The Chairman of BIG has told Channel 4 News that this would mean - at the very least - 86,000 grants to good causes being stopped.
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