Olympics: 100 days to go
London 2012 organisers say preparations are going to plan and they're ready to welcome the world in exactly 100 days' time.
London 2012 organisers say preparations are going to plan and they're ready to welcome the world in exactly 100 days' time.
London 2012 chairman Sebastian Coe has defended the public expenditure on the Olympics after 64 per cent of respondents to a BBC poll said taxpayers had paid too much towards the Games.
Lord Coe also said the Olympics have created jobs and investment at a crucial time in the economy.
He said he was not surprised by the poll results but pointed out that the Games had meant that between £6 billion and £7 billion had gone into the British construction industry, 42,000 people having worked directly or indirectly on the Olympic Park.
I'm not particularly surprised [at the poll] it's understandable given the world we live in - domestically and internationally people are focused on value for money.
But in the lead-up to the Games and in the long haul of the legacy of the Games I'm confident we will be able to demonstrate far and away that this was a project that - I'm still gratified that well over half the population believe it - this is value for money and there are tangible benefits in their communities.
A British businessman spends around £500,000 a year on funding young athletes from the UK.
After years of planning and preparation, there are just 100 days to go. Today, a series of events will mark the special occasion.