Premiership of Tony Blair which was an agreement to increase British contributions to the EU Development Budget for new member countries, which effectively reduced the UK rebate by 20% . On 6 July 2005, during the 117th International Olympic Committee (IOC) session in Singapore, the IOC announced that the 2012 Summer Olympics, the Games of the XXX Olympiad, were awarded to London over Paris by only four votes. The competition between Paris and London to host the Games had become increasingly heated particularly after French President Jacques Chirac commented three days before the vote that "one cannot trust people [ie: the British] whose cuisine
London Organising Committee of the Olympic and Paralympic Games formed to continue the work started by the bidding team. LOCOG was officially designated as the organisers of the Games at its first board meeting on 7 October 2005. The board members were: Members of the IOC from the host country are required by IOC rules to be on the organising committee board, as well as representatives of the host Olympic association and Paralympic association. The senior team comprised: London Organising Committee of the Olympic and Paralympic Games The London Organising Committee of the Olympic and Paralympic Games (LOCOG) was the organisation responsible for overseeing the planning and development of