Olympic chiefs told to get a grip as cost of 2012 Games threatens to spiral out of control

My Account
Logout

Create an Evening Standard Account

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Welcome! Sign in here

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Forgot your password ?

Registration

* indicates fields that are mandatory

Email *

Password *

Confirm Password *

First name *

Surname *

Postcode *

Country *

Mobile phone number

Username *

Gender *

Year of birth *

When you sign up...

You will have access to all our online competitions, discounted offers and can post comments on our site.

You will also receive The Weekender newsletter sent every Thursday - it’s full of fantastic offers and ideas for the weekend. You can update your email preferences in your account page when you log in.

Other newsletters and emails

Homes & Property Newsletter - Yes I want to receive the weekly email with all the latest news on property in the capital

Occasionally we would also like to send you relevant emails detailing specific offers either from ourselves or carefully selected partners. If you would prefer not to receive these then please tick the appropriate boxes below. We will never pass on your details.

I do not want to receive additional offers and information from the Evening Standard

I do not want to receive additional offers and information sent by Evening Standard on behalf of carefully selected partners

Terms and Conditions

* I have read, understood and agree to be bound by the terms and conditions of Evening Standard

Registration

Mail Sent for Registration Confirmation.

A confirmation email has been sent. Please activate your account by clicking on the activation link sent in your mail box.

Olympics chiefs are today ordered to take action to prevent the cost of the 2012 Games spiralling out of control.

Britain's spending watchdog warns that the £9.3billion budget for staging the event in London could be under threat because of uncertainty over construction deals, security and the future use of sports facilities.

The National Audit Office report raises the bleak prospect of venues, including the 80,000-seat Olympic Stadium, being left to decay after the sporting showcase ends.

It was published as London Mayor Boris Johnson admitted he is involved in 'a dispute' with ministers over who will foot the bill for any Olympic budget overruns.

The NAO says the Olympic Delivery Authority faces 'formidable' challenges to stage the Games on budget, now four times the Government's original £2.4billion estimate.

Problems include the lack of a deal for construction of the £1billion-plus Olympic Village in Stratford, East London.

The report also highlights concerns over the absence of fully costed security plans.