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Olympics chief gets Treasury role

London 2012 chief Paul Deighton has yesterday been appointed Treasury minister responsible for economic delivery as part of the government’s major reshuffle.

Deighton’s responsibilities will include taking forward the National Infrastructure Plan, which was published last November and includes commitments to improve Britain’s transport and broadband networks as well as steps to attract major new private sector investment.

Prime Minister David Cameron said Deighton’s appointment “proves we mean business”.

Deighton became chief executive of the London Organising Committee of the Olympic and Paralympic Games (Locog) in April 2006. He has been in charge of Locog’s day to day operations and raised £2bn from the private sector as well as working closely with the Olympic Delivery Authority.

He will replace incumbent Lord Sassoon in January and will take a seat in the House of Lords.

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