Just so we're clear...

A very nice and efficient person at the London Development Agency just supplied me with the following information:
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Thank you for enquiring into the London Development Agency and the Olympic Games.

The Government and the London Development Agency have both provided £10m to London
2012 to support the bid. London 2012 have also raised around £9m of private funding
from business, bringing the total to £29m.

In addition a further £10m was made available by the Government and the LDA to fund
projects that supported the bid - including developing the Master Plan for the Lower
Lea Valley if we win and sponsoring a number of sporting events around the country.
***

Watch this space....I will be gathering more info over the next couple of days.