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Progress on Olympic Stadium

Thursday, 12 Aug 2010 | 10:00 AM ET

Progress is well underway on the 2012 Olympic Stadium. "Weâ??re 70% completeâ?¦this time next year weâ??ll be handing over all these facilities to Seb Coe and his team so that they can start their trial events," John Armitt, chairman of the Olympic Delivery Authority, told CNBC.