Earlier this month it was announced that funding for security at the London 2012 Olympics and Paralympics could be slashed by up to £125 million ($198 milion) - nearly a quarter of the original budget - to £475 ($730 million).

But May claimed that the reduction in funding is down to declining costs and greater efficiency, rather than Treasury-driven cost cuts.

"We will never scrimp on security," said May.

"My focus, and the focus of everyone involved with the Games, is to deliver a safe and secure Olympics that London and the whole world can enjoy."

The reductions in funding had been found by cutting out areas of duplication, unnecessary spending and coming up with a more realistic budget, May claimed.

"These changes have not been imposed by me or by the Chancellor to save money," said May.

"They are what those responsible for leading the Olympic safety and security programme believe is appropriate.

"Their experience and detailed planning have shown it should be possible to deliver all of the necessary security measures for around £475 million ($730 million)."

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