Tuesday, Apr 22, 2008

Financial strain increasing......

BBC News: Olympic cost plans 'unrealistic'

''....The government was "entirely unrealistic" in estimating the cost of hosting the 2012 Olympics, a group of MPs have said. At the time of the bid, costs were estimated at just over £4bn, but last year the budget was put at £9.325bn.....''

Posted by hpwatcher @ 06:12 AM (236 views) Add Comment

3 Comments

1. mark wadsworth said...

I think we ought to start getting used to referring to the "2013 Olympics"

Tuesday, April 22, 2008 07:29AM Report Comment
 

2. japanese uncle said...

To be honest, I can't imagine what would happen in 2012, in view of the current upheaval by just opening another air terminal. Can they really manage?

Tuesday, April 22, 2008 08:27AM Report Comment
 

3. The Haunted said...

It will be a shambles. I estimated the final bill will come in at over £20bn when they first won the bid. How will this benefit the country I ask?

Tuesday, April 22, 2008 09:35AM Report Comment
 

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