Poll shows Olympics cost opposition

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The YouGov survey for the TaxPayers' Alliance found 44% of people think the stated £9.35 billion cost would be put to better use in schools and hospitals.

Another 20% would like to see the money used to reduce taxation, with only 28% maintaining that the benefits of the London Games will outweigh the financial risks.

There is also overwhelming scepticism about the Government's ability to deliver the Games within its existing budget, with just 3% saying that it would.

More than a third - 38% - believed the budget would soar to at least £15 billion.

Matthew Elliott, chief executive of the TaxPayers' Alliance, said: "This is the first concrete evidence that the British public has fallen out of love with the 2012 Olympics.

"It is beginning to look like people in charge lack the management experience and expertise to deliver the Games on budget.

"With costs spiralling, the public now believe the risk is not worth taking. Taxpayers should not be forced to write any more blank cheques."

YouGov surveyed 2,162 adults online between August 28 and 30, weighting the results to the profile of all British adults.