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• Question by: Angie Bray
• Meeting date: 08 September 2005

Can I just put it to you that I do think that you are reneging on your duty as the man who is meant to lead for London's interest. It is absolutely clear that, if there had been a review, it is not a matter of you rolling over. You could have used the opportunity, could you not, to press for some guarantees? You said yourself that you do not think Londoners should pay a penny more than they are already committed to ' the £625 million. The fact is, however, that this Memorandum of Understanding hangs over us like...

• Question by: Angie Bray
• Meeting date: 08 September 2005

Let us stick with the point, shall we?

• Question by: Angie Bray
• Meeting date: 08 September 2005

Personal abuse tends to suggest I am winning the argument, by the way. I was always taught that. I will put it to you one more time: is it not a good opportunity for you to show how you can flex your muscles as Mayor of London, and at the very least press for some kind of guarantee that whatever the overspend is ' and I am hoping it is not going to be great; let us hope it is the most efficiently-delivered bid of all ' that would be fantastic ' but let us also have a belt and...

• Question by: Angie Bray
• Meeting date: 08 September 2005

Why are you not using the review to do that?

• Question by: Angie Bray
• Meeting date: 08 September 2005

£625 million overall ' yes, exactly.

• Question by: Murad Qureshi
• Meeting date: 08 September 2005

I just wanted to delve into the funding arrangements with the IOC and television revenues. It is clear to me, after Beijing we will probably see huge expansion in the world television market ' almost by 30%. I was wondering whether we should try to get a percentage of the television revenue, rather than a total amount.

• Question by: Angie Bray
• Meeting date: 08 September 2005

It says that Londoners and the lottery will split any over-costs between them, so that is how you are happy to leave it, are you, Mayor?

• Question by: Tony Arbour
• Meeting date: 08 September 2005

I was interested to hear you say that should the overrun exist or be bigger than you expect, you will go to Government and ask for a refund of taxes which they have levied on the Games and income generated by the Games. Why do you not now join our campaign to see that the Chancellor of the Exchequer (Gordon Brown) remits the VAT which is going to be levied on the lottery? That would be a very substantial sum of money up front, which will show the strength of the Government's contribution to funding the Olympics. You have already...

• Question by: Angie Bray
• Meeting date: 08 September 2005

The review was written into the understanding.

• Question by: Angie Bray
• Meeting date: 08 September 2005

That is absolutely fine, but Mr Mayor, apart from the fact that you may not be Mayor in 2012 ' roll on the day ' you may well be leaving a legacy for somebody else who will then have to deal with the situation at the time which you could, if you took action today, at least try to amend. What is wrong with you throwing your considerable weight and influence behind a campaign ' whether it is inside this review meeting which should happen, or whether it is not ' to ensure that somewhere during the passage of the...