Designed by Zaha Hadid, the London 2012 Aquatics Centre was mentioned 300% over budget. As reported by The Guardian, the rising budget accounts for inflation, VAT, professional fees and project management costs.
Olympic bosses are facing renewed scrutiny of the finances for the 2012 games. Mayor Boris Johnson has pledged to drive down costs and next week the London 2012 organisers will welcome inspectors from the International Olympic Committee, who will check on the progress of the £9.3bn Olympic park.
