Olympic Park legacy
The reworking of the Olympic Park has begun and The London 2012 Organising Committee and the LLDC are marking the handover of the park. Meanwhile Ministers have revealed a £377m surplus in the government Olympic budget.
Olympics end £377m under budget
The cost of the London 2012 Games has come in at £377 million under budget, according to Government figures released.
The overall cost of the Games is forecast at £8,921 billion from a budget of £9,298 billion.
With some contracts still to be wound up after the end of the Games, ministers are describing the underspend as a "prudent" estimate.
Sports minister Hugh Robertson described the feat of managing the complex programme within budget as "a tremendous success".
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London 2012 to come in nearly £400m under budget
The London 2012 Games are set to come in under budget, figures from the Government’s final quarterly economic report show.
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Olympic Park handover marked
The reworking of the Olympic Park has begun and The London 2012 Organising Committee and the LLDC are marking the handover of the park.