The project cost £19.1 million, with £16 million coming from Britain's richest man, Lakshmi Mittal, and the balance from the London Development Agency. The name combines the name of Mittal's steel company with Kapoor and Balmond's original working...

Corporation, which will lease the ArcelorMittal Orbit to LOCOG during the Games, has said that 85% of the 50 jobs created in the venue after the Games will go to local people. As a tier two sponsor of London 2012, ArcelorMittal has committed to funding...

It was there that Johnson spotted Lakshmi Mittal, who runs the world’s largest steel company, and the Indian tycoon later put £19.6m into the project (with £3.1m coming from the London Development Agency). Kapoor quickly chose red paint for the 560...

Of London's latest landmark, mayor Boris Johnson said: "it would have boggled the minds of the Romans" and "dwarfed the aspirations of Gustave Eiffel”. However, not all are convinced with some critics dubbing the structure "The Eyeful Tower". Funding...

Continue reading the main story London 2012 - One extraordinary year After Friday's official unveiling, the Orbit will enter a 10-week period of final fit-out and testing ahead of its full opening on 28 July. Visitors will be able to go up the...

Other appointments include Munira Mirza as Deputy Mayor for Education and Culture, and Kit Malthouse as Deputy Mayor for Business and Enterprise. Key to London's growth will be the release of surplus public land inherited from the London Development...