Olympic chiefs tasked 'over costs'
Updated on 24 July 2008
Britain's Olympics chiefs must keep a "tight control over costs and time" in its preparations for the 2012 Games in the face of a rocky economic climate and changing security demands, according to MPs.
As London 2012 prepares for the big handover of the Olympics from Beijing next month the Public Accounts Committee (PAC) reviewed plans regarding the delivery of the project and also for clinching sporting success.
Firm leadership and an "eagle eye" is needed to ensure that London's £1 billion contingency is not exceeded because "arrangements to manage the whole programme and the associated risks are not yet in place," according to PAC chairman Edward Leigh.
These news feeds are provided by an independent third party and Channel 4 is not responsible or liable to you for the same.
