- Reference: 2006/0242-1
- Question by: Damian Hockney
- Meeting date: 10 October 2006
The increase in LOCOG's budget from £1.5 billion to £2 billion was attributed by Sports Minister Richard Caborn to inflation over the eight years to 2012. Why was inflation not taken into account in the original budget estimate? Are there any further factors, such as the need for increased security, which may cause the LOCOG budget to grow further?