Finance
Latest:
Passengers warned over soaring rail fares
Repossessions up 12 per cent
RBS chairman says sorry
Oil drops below $50
Mortgage lending rises slightly
Retail sales drop again in October
World stock markets fall below credit crisis lows
Govt borrowing dominates PMQs
Bank of England all behind 1.5% cut
US' $700bn bailout under review
Finance Archive
All news archive
£50m lottery vote begins
07/12/2007
A giant coin was unveiled in central London today marking the start of a £50 million lottery-funded project contest.
From today, members of the public can vote on which of four proposals gets the £50 million award from the Big Lottery Fund.
The Eden Project, Sustrans, Sherwood and Black Country Urban Park have made it to the shortlist and are seeking to win approval before phone lines close at noon on Monday.
The Lottery award is the biggest ever decided by the public vote and, in keeping with the general theme of size, the pound coin revealed in London today is suitably large.
Weighing in at 12 tons the wooden coin is seven metres high and 70cm deep large enough to fit inside it all the 50 million pound coins being given in the vote.
"The People's £50 Million Lottery contest is a truly groundbreaking initiative, giving everyone in the UK the opportunity to decide which of these highly deserving projects will receive the single biggest award of Big Lottery funding through [the] public vote," Big Lottery Fund chair Sir Clive Booth said.
"The giant coin in London today signifies the huge amount of Lottery cash going back into the UK showing that your £1 really does make a huge difference, so get involved and vote for your favourite project."
Delicious
Digg
Reddit
Facebook
StumbleUpon
Comments on this story
Add your comments here
No comments submitted yet