The current estimate for this sportfest fiasco is £9 billion pounds. The initial budget was estimated at £2 billion pounds. Thats a cost escalation of almost 5:1. The entire 2 week sports love in will cost approximately the same as the channel tunnel cost to build.
Keeping in mind that this sporting extravaganza will leave behind practically no public infrastructure; Just why are we doing this? Frankly I would prefer to donate the cash to worthwhile aid agencies, or fund the South - North high speed rail link from London to Edinburgh...
To add insult to injury, some pompous ass of an Olympic official is in London insisting that dedicated road lanes be provided during the games so that officials will not be delayed travelling to and from the sporting venues.
AJ
