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Olympic stadium cost hits £525m



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Published Date: 18 June 2008
THE cost of the main Olympic stadium in London has hit £525 million, Mayor Boris Johnson's Olympics watchdog said last night.
It is a £29 million rise since November and part of a £106 million hike in venue costs for the 2012 Games over the same period.

The full article contains 52 words and appears in The Scotsman newspaper.
Page 1 of 1

  • Last Updated: 17 June 2008 10:03 PM
  • Source: The Scotsman
  • Location: Edinburgh
  • Related Topics: London Olympics 2012
 
1

SouthernSkye,

18/06/2008 07:33:28
And what, currently, is the total cost associated with the Olympics? I'm sure the costs, as always, will have spiraled beyond our wildest dreams!
2

IanW,

Grasbrunn 18/06/2008 08:12:36
SouthernSkye - The costs which are 'managed' by the government will spiral out of control as usual. They never learn and put amateurs in charge rather than construction management sopecialists. Also they enter into open ended contracts (just like the Scottish Parliment building) and they are fleeced by the builders.

Expect the price to at least quadruple before then. Guess who is going to have to pay for this incompetence - 'Joe Public'.
3

Guga II,

Rockall 18/06/2008 09:54:47
I reckon the final cost of this fiasco will be around £27 billion; though they will probably try and bury the true cost like they did with Bliar's dome.

In any event, it will be another example of the taxpayers subsidising London.
4

sam the god,

18/06/2008 15:47:47
Brown “What can we tax now to pay for the increase in the cost of the Olympics” Darling “I know lets put a tax on sex who is going to say they are not getting it”
Brown “Fine idea Darling that should cover the cost of the increase for a few weeks”.

 

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