October 25, 2012

The London 2012 Olympic and Paralympic Games have been delivered under budget, according to government reports indicating that the combined cost of the two events came in at £8.92bn – £377m less than the budgeted £9.29bn.

According to results published by BBC Sport, savings were made following a drop in expense of security, transport and construction.

Another £103m from a contingency fund was also left unspent, leaving a total of £480m from the original budget remaining.