I shall answer speedily, Mr. Speaker. The cost of staging the games will primarily be met from the £2 billion budget of the London Organising Committee of the Olympic Games and Paralympic Games, which was raised principally from the private sector. The costs of additional wider security and policing, and a £66 million public sector contribution towards the Paralympic games, are contained in the £9.3 billion public sector funding package.

As would be expected with a major national event of this kind, there will also be other attributable costs to the public purse, and they will be funded from within departmental expenditure limits.