2012 Olympics budget could be doubled (5 Feb, 2007)

Updated: 2007-02-05 10:43
The cost of the 2012 London Olympics has doubled and could reach as high as 9 billion pounds (US$17.6 billion; euro13.6 billion), according to a newspaper report Sunday.

The Sunday Times, citing figures obtained ahead of the official budget announcement by the British government, said the cost of building the Olympic Park had risen to 5.1 billion pounds (US$10 billion; euro7.7 billion)….