Tag Archives: olympics

“Great news; project budget increased!”

In the immortal words of Victor Meldrew I do not believe it (British humour at its best!). £7million per HOUR for the London Olympics opening and closing ceremonies. This was the headline in The Mail Online The Telegraph on line quoted a cost of £250,000 per day to keep the Olympic site secure with The Guardian suggesting London 2012 Olympics … Read More >

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Those Olympic estimates will not go away

The row about the cost of the 2012 Olympic Games goes on. Today a report by the Public Accounts Committee (click here for the full 40 page report) criticises the government for the escalating costs of the games. Costs have risen from a bid price of just over £4 billion to a revised estimate (March 2008) of £9.325 billion! Now … Read More >

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