The budget for the 2012 London Olympics has quadrupled to...

2007-03-23T00:00:00

The budget for the 2012 London Olympics has quadrupled to £9.35 billion (€13.8bn-$18.1bn) from its original estimate of £2.4 billion. Costs thus far include £5.3 billion (€7.8bn-$10.2bn) for construction work, £600 million for heightened security, a £840 million tax bill, £390 million for costs related to the Paralympics and a ...

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