“The likelihood that the Games can still be funded within the Public Sector Funding Package is finely balanced, with minimal room for costs to increase beyond those anticipated in the Government Olympic Executive’s assessment of risks,” the report warned. Margaret Hodge, the chairman of the powerful Public Accounts Committee, described the margin for error as “wafer thin” leaving almost no room for further cost increases. Hodge’s committee will question Olympic officials about the findings of the NAO report next week.