GLASGOW- Glasgow 2014 Limited, the Organising Committee for the Commonwealth Games, has today announced that funding for the event will increase to £454 million.

The funding boost follows a year of detailed planning for the Games and a thorough review of the budget required to deliver an outstanding Games for Glasgow and Scotland.

A detailed risk register developed by the Games partners has provided a sound basis to increase the funding available for contingencies. This level of planning would not have been appropriate or cost effective at the time of the bid. A number of factors including Legislative changes, and in particular rising broadcasting costs, have contributed to the budget increase.
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