HL Deb 26 October 2004 vol 665 c115WA
Lord Moynihan

asked Her Majesty's Government:

In the event of the London Olympics 2012 bid being successful, whether they will host the shooting events in the Woolwich Arsenal. [HL4469]

Lord McIntosh of Haringey

Should London win the bid to host the 2012 Games, we are planning to hold the shooting events at the Royal Artillery Barracks, Woolwich.

Lord Moynihan

asked Her Majesty's Government:

How they intend to fund the £1.5 billion operating budget for the 2012 Olympic Games, if the London bid is successful. [HL4470]

Lord McIntosh of Haringey

The proposed operating budget for the 2012 Olympic and Paralympic Games has been cast on a self-financing basis, with expenditure balanced by incomes from international and local sponsorship, broadcast revenues and ticket sales. There is also an allowance from the public sector funding package to assist in staging the Paralympic Games as required by the International Olympic Committee.