ODA spending £100m a month on Olympics

The Olympic Delivery Authority (ODA) is spending £100m each month on construction work on the London 2012 Olympics, according to Olympics Minister Tessa Jowell.

She noted the scale of the £9.3bn Olympic budget, saying: "The Delivery Authority is now spending at the rate of £100 million a month - 23% of the construction having been committed and only 9% of the contingency to this date."

She said: "The Exchequer is contributing 64% of that cost, the Lottery is contributing 23%, broadly in line with Lottery contribution to the Millennium, and London taxpayers are contributing somewhere around 11% of the total.

"The budget is identified and remains the same now as it did when I made the revised budget which I said we would always have to do.

"There is no more money and as I have said before we are on time and on budget."