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London Olympics security could cost £180m

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The security costs for the London 2012 Olympics could reach as much as £180m, according to a report from the BBC.

However, organisers stress that they remain on course to meet its staggering £9.3bn budget, even though costs such as for security is spirraling.

The BBC reports that it is hoped that savings will be found elsewhere to help pay for the extra security costs.

"As we enter the busiest and most exciting phase of the Olympic project so far, this report shows we are still on time and still on budget," Olympics minister Tessa Jowell said in a statement.

For more on this BBC story click here.

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