No additional funding for London 2012 Olympics in pre-budget report
Howard Lake | 6 December 2005 | News
The Chancellor Gordon Brown MP surprised sports administrators yesterday by not announcing any additional funding for the British Olympic team in his pre-budget report.
The British Olympic Association had been hoping for investment to double from its current £45 million a year in the run-up to London’s hosting of the 2012 Olympic Games.
UK Sport commented that it too was disappointed that the Chancellor had made no mention of additional funding.
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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.