Summary
LONDONERS will not be hit in the pocket for the soaring costs of the Olympics under a Pounds 9.3 billion funding deal agreed today.
Costs have tripled from original estimates of Pounds 2.375 billion but now some Pounds 5 billion will be pumped in by central government, the Evening Standard has learned, obviating any increase in council tax for people living in the capital.See the full content of this document
Extract
London Escapes Tax Raid to Fund Games
Higher costs includ...
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