Summer Olympics














Olympic costs increase but project still on time and on budget

By Tom Degun at the Olympic Park in London

Olympic_Stadium_through_viewing_tube_February_7_2011February 14 - The Quarterly Economic Report, published today by the Department of Culture, Media and Sport (DCMS) and the Olympic Delivery Authority (ODA), has revealed costs for London 2012 have increased by £69 million ($110 million) since the last quarter although the Games are still on course to be delivered on time and on budget.