Anorak | Building The 2012 London Olympics From Scratchcards

Building The 2012 London Olympics From Scratchcards

by | 27th, March 2007


WEMBLEY the new Wembley is ready and one day so too will be the new Olympic complex in the East End of London. And Beau Bo D’Or has the pictures to give hope to one and all that it will be ready on time.

But it needs paying for. A huge sports stadium at the less salubrious end of London doesn’t build itself. The budget for the 2012 London Olympics has risen to £9.35bn, nearly four times the £2.4bn estimate when London’s bid succeeded.

Construction is now budgeted at £5.3bn. There is a £2.7bn “contingency fund”, in case builders fail to reach their targets. If they do, the workers can be assured that they will be well paid for extra work.

Do you think the construction companies will need to tap into this massive pot of

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Posted: 27th, March 2007 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink