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pounds 500 cost to every family.

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| November 01, 2008 | COPYRIGHT 2008 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Journal)

EVERY North East family is paying pounds 500 for the London 2012 Olympics, the Conservatives have claimed.

Shadow culture secretary Jeremy Hunt said every household faced such a bill in the run-up to the opening ceremony.

Speaking in the Commons, Mr Hunt said: "That cost is being borne by taxpayers throughout the country.

"Thus, it is only right, proper and fair that the benefits should also be felt throughout the country. With a sporting legacy, the 2012 Games can be a huge success."

But he claimed a raid on lottery funds - which has helped pay for the Olympics - had cut funding for grass-roots sport from pounds 397m to pounds 209m since 1997. An 18% cut in the budget of the VisitBritain tourism ...

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