The Olympics

The Olympics


News, information and stories about the Olympics.

Friday, May 16, 2008

Boris Appoints Financial Expert

Boris Johnson, Mayor of London, will hire a financial expert from the City to analyse the budget for the London 2012 Olympics.

The Mayor will appoint an accountant or investment banker to determine whether the £9.3BN, currently budgeted for the Games, is delivering value for money.

Remember folks, back in September 2007, I predicted that the final costs for this white elephant would be around £20BN. I see no reason to change my view.

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