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The fireworks display is part of London's annual budget. The fireworks for the 2012 New Year were budgeted at 1.9 million pounds. The actual fireworks themselves cost 276,000 pounds. The remaining part of the budge was spent on things such as music, staffing and security, to name a few.

See the related link below for a BBC news story about the fireworks.

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Q: How much did the London 2012 new year fireworks cost. And who paid for them?
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