Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13726)           
UK only International

Theresa May commits to UK Sport funding boost

By Matthew Campelli    18 Oct 2016
May said she wanted to see similar Olympic success at Tokyo 2020 / Frederic Legrand/Shutterstock.com

Prime Minister Theresa May has pledged that the government will honour the financial commitment made by the previous cabinet to fund elite sport ahead of the 2020 Olympics.

Last November, then chancellor George Osborne increased UK Sport’s exchequer funding pot to £148m (US$181.3m, €164.6m) to prepare for the Games in Tokyo in four years’ time.

During a speech delivered to celebrate the achievements of Great Britain’s Olympic team in Rio this summer – where the team broke previous medal haul records with a total of 67 – May confirmed that would remain the case.

She said: “Last year the government announced a 29 per cent increase in funding for elite sport. It was a bold statement about our determination to invest in your success.

“And that financial commitment will continue under this new government. In four years’ time, I want to see another great parade like today’s after another great summer of success in Tokyo 2020.”

There had been concerns that the economic impact of Britain leaving the European Union would trickle down to elite sport funding, but during an interview with Sports Management earlier this year UK Sport chief executive Liz Nicholl said the quango had received “no indications” that exchequer funding was at risk.

“If we continue to perform as a system and if we continue to support our athletes to achieve and make the nation proud and inspire the next generation to get active and participate in sport we are providing huge value,” she said.

Theresa May  UK Sport  funding  Liz Nicholl 
Sign up for FREE ezines
Related news

Company profile

Company profile: Power Plate
Power Plate is owned, manufactured and distributed by Northbrook, Ill.- based Performance Health Systems LLC, a global company delivering advanced technology solutions through health and wellness equipment.
View full profile >
More company profiles

Featured Supplier

Sprung Gym-Flooring: leading fitness flooring provider paves the way for top performance
Introducing Sprung Gym-Flooring, where innovation meets excellence in the world of flooring and sports solutions.
View full details >
More featured suppliers

Property & Tenders

Location: Loughton, IG10
Company: Knight Frank
Location: Grantham, Leicestershire
Company: Belvoir Castle
Location: Verwood, Dorset
Company: AVISON YOUNG
Location: Hall Place House, Bexley, DA5 1PQ
Company: London Borough of Bexley
Location: 15 Concessions across the nation's forests
Company: Forestry England
More properties & tenders

Diary dates

11-14 Apr 2024
Exhibition Centre , Cologne, Germany
22-24 Apr 2024
Galgorm Resort, York
10-12 May 2024
China Import & Export Fair Complex, Guangzhou, China
23-24 May 2024
Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
More diary dates