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London Olympic stadium to cost £500M says Armitt

London 2012's main stadium is to cost £500M – double the price published in the capital's bid to stage the Olympics the Olympic Delivery Authority (ODA) confirmed last week.ODA chairman John Armitt told the London Assembly last Wednesday that the final cost of the 80,000-seat athletics venue would be £496M.He defended the apparent rise from the 2004 bid cost of £280M."This figure is absolutely in line with the announcement by the secretary of state ...

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