After a good family weekend and a reasonable start to the week, today’s journey to work was hopeful, uplifting and careless. Until of course, page 4 of The Times;
“Rising security costs threaten to break the Olympic budget”
Why oh why do they do it to me?
Never mind, here we go.
GOING FOR GOLD
Olympic Delivery Authority (ODA) base cost - £6.09 billion
Contingency Fund - £2 billion
Security Costs - £838 million
Elite and Community costs - £290 million
Paralympics Games and Look of London - £98 million
TOTAL - £9.3 billion
BREAKDOWN OF FIGURES
Security costs have increased 20%
Costs expected to rise by at least £238 million
Olympic Stadium cost £496 million, original estimate £75 million
Jonathan Stephens Permanent Secretary at the Department for Culture Media and Sport – fully expects the contingency fund to be spent.
I return to my much high jumped figure of at least £18 billion as a cost for the Games to be staged in this country.
Time will tell!
Poor old David Cameron, what will he say when as PM the bill comes in!