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June 19, 2008


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The spin:

"Press Release

Londoners will not pay a penny more for Olympics says Mayor

The Mayor has reiterated his commitment to London Council tax payers that they will not pay a single penny more towards funding the 2012 Games.

He was correcting allegations made this morning on BBC Radio 4's Today Programme that a secret agreement existed between the former Mayor of London Ken Livingstone and the government outlining how any cost overruns would be allocated if the 2012 Games budget were exceeded.

The agreement referred to is in fact the Memorandum of Understanding between the Mayor and the Government published in full on the 27 June 2007. It was placed in the House of Commons library and can be accessed on the Department of Culture Media and Sport website. The Memorandum of Understanding states that the Mayor has agreed to provide a further £300 million towards the 2012 budget which is already budgeted for and will not require any increase in the council tax precept or in transport fares. Only the Mayor can raise the council tax precept for the 2012 Games and he remains resolute that he will not raise this in any circumstances"

Oh, we was correcting allegations, not being ignorant and unfit to do the job he was elected to do, that must be it.

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