The London Daily News
, 19:53 (GMT)
RSS  www.thelondondailynews.com - Catalog Feed
18 June, 2008 12:31 (GMT)
Olympic costs are out of control
Article Video Photos


How much are these couple of weeks of sport going to cost us? The budget has tripled since London won the bid. Construction, security, VAT and legacy plans seem to be in perpetual 'pass the buck' chaos.

Former mayor Ken Livingstone pledged that Londoners would pay no more than 38p a week in council tax for the Olympics - but who would be surprised if we start hearding politicans tell us that 'the situation on the ground, unforseen circumstances force us to....'


Nowhere to run to

Even if our 2012 contribuntion from council tax stays the same, the games are also being underwritten from central government who wouldn't think twice about how to go about getting that money back from us.

When London bid for the games and we gave it our support we did so on the priviso of a bugdet of £3.3bn. How in three short years this has almost tripled to £9.3bn is a national scandel.


Perfect storm

Every week we hear how the cost of some element of the games, the media centre, the velodrome, aquatic centre, the Oylmpic village and the latest, the main stadium - has risen by millions.

A Mayor getting to grips with the problem, a Treasury feeling the pinch and a city looking on with dismay as costs rise with apparently no one taking responsability, is creating the perfect storm.

We are four years away from the games and the doubling and tripling of budgets is happening NOW - how much more can we take?


 
 

( Based on 20 reviews )
Rate this Article
12345
Video


ADVERTISEMENT
INTERNATIONAL NEWS
DNA to identify Spain air tragedy victims
DNA tests will be needed to identify many of the 153 people killed in a Spanish plane crash, officials say. Authorities say many victims were so badly burned that fingerprint and other identification will be impossible. The crash of flight JK5022 at Madrid's Barajas Airport on Wednesday is Spain's worst air disaster in decades.


YourVote
  Robert Mugabe should be removed by the West
Yes I support the removal of Robert Mugabe
No I do not support the removal of Mugabe
View Results
38 Votes
 
NEWS | LONDON POLITICS | INTERNATIONAL NEWS | BUSINESS NEWS | OLYMPICS | TRAVEL | Johhnie's daily tips | PROPERTY | COLUMNISTS | EDITORIAL | GOSSIP | SPORTS | Bourneside Lawn Tennis | Talk the Walk | London Elections | Personal Finance | Religion and faiths in London | Black Cabbie talk | CLASSIFIEDS | SUBSCRIPTION (JOIN US FOR FREE) | LETTERS TO THE EDITOR