LondonNet : Latest News Headlines
|Hands off Lottery Cash, MPs to tell Olympics|
- Future cash shortages may be funded by taxation
A BAN on the 2012 Olympics grabbing more Lottery cash is likely to be suggested by the games' parliamentary watchdog tomorrow.
The Culture, Media and Sport Committee, made up of MPs from across the Commons, is reportedly ready to make the recommendation in the face of continued worries about cost overruns in the lead up to the London Olympics.
If the ban on extra Lottery funding were implemented, any extra cash needed would likely have to be found out of national taxation, as the government has already ruled out slapping another special Olympic tax on Londoners.
Today marks 2,012 days until the 2012 games and Prime Minister Tony Blair celebrated the occasion with a rallying call to the Olympics' environmental credentials, saying it would be "the greenest games of the modern era."
Email this to a friend