2008
16
Dec
Tessa Jowell referred to the Olympics 2012 as being a “shot in the arm”, whilst appearing on BBC Two’s Daily Politics programme, at a time when Britain is expected to go into recession. She noted:”But, as it turns out, facing a recession deeper than an…
2008
9
Dec
How very careless of David Ross, co-founder of Carphone Warehouse, not to have told his fellow directors that he used £157M of his shares as collateral in 2006 and 2008.How even more careless not to have told the boards of three other companies that h…
2008
19
Nov
Those in charge of London 2012 are under pressure to release a confidential report by KPMG on Olympics venues, after allegations that it was a “whitewash”.The report considered moving three temporary venues (the equestrian in Greenwich, the shooting in…
2008
3
Nov
The head of the IOC, Jacques Rogge, has stirred up a hornets’ nest by publicly stating that London 2012’s main stadium does not need an athletics legacy. He told the BBC that the main concern for London 2012’s organisers should be to avoid leaving behi…
2008
9
Sep
Reports that the London Olympic stadium will be demolished after the 2012 Games, and replaced by a Premier League football ground, have been “denied” by the London Development Agency (LDA).They would of course deny those reports, as demolition would bl…
2008
8
Sep
Approximately 90% of Britons do not think that the government is capable of managing the 2012 Olympics. That at least is according to a survey taken by Opinion Research.Only 12% of the 2,000 people surveyed believe that the Games will come in on budget…
2008
18
Jun
I am not the slightest bit surprised to read that the costs for the 2012 London Olympics, despite already being way over the original “budget”, are expected to rise further.The budget, if one can really call it that that, currently stands at £12BN (in…