London SE1 community website

Olympic overspend

Join in these discussions today! Log in or register.
Friday 9 March 2012 1.34pm
So it's official. The Olympics is TWO BILLION over budget. Told you all so didnt I?
Monday 12 March 2012 11.49am
how can it be 'overspend' when they still have all of their contingency funding available?

Do you have a link to somewhere that gives this information?
Monday 12 March 2012 11.56am
Saw it in the paper didnt I? Evening Standard I think.
Monday 19 March 2012 11.02am
it is the security and running costs that are set to go two billion over original estimates
Monday 19 March 2012 12.28pm
The original Estimates then Budget were overspent, so the Budget was increased, that was then overspent and so the whole predictable fiasco continues.
Monday 19 March 2012 8.16pm
I'm getting a bit of deja vu here.
Millennium Dome, anyone?
Tuesday 20 March 2012 7.24am
Anyway it makes me truly sick...will we EVER learn?
Wednesday 21 March 2012 12.46pm
probably not Jackie, but then again it's the British thing to do - say it sucks, and laugh it off and deride it, and expect it to be ****, for several years before the event.

I personally liked the millenium dome experience, and thought that it was good value at 20 for a days entertainment, and I will thoroughly enjoy the Olympic experience too, along with all the fringe events that are happening before during and after the event, and in a years time I'll enjoy walking through the new park they create out of the Olympic site, and using the facilities like the swimming pool. and I'll enjoy going to the new super casino in the new Westfield shopping centre, which wouldn't have happened if the Olympics weren't happening in London, on that site.

so quit moaning, sit back, relax, take some deep breaths, and enjoy the show.
Wednesday 21 March 2012 7.09pm
In Sydney the Olympic park was proudly open to tourists months in advance (I was there
in January, the games started in September), plus you could really feel the buzz, the
sense of expectation, logos everywhere, people giving out freebies on the street..
Here in London there is none of it, the mascot are horrible (what are their names,
by the way?), what are the fringe events happening, excuse me?
It is all so corporate, if you run a business, even a little one, you have to be careful
in NOT using the words olympic and twentytwelve otherwise you will have Lord Coe and his
sniffing dogs all over your back.
Ticket sales were a shambles, I was in asda today and the coca-cola cans were telling me:
"win tickets for the olympics" (they can mention the unmentionable). I don't want to win
them (drinking pint after pint of fizzy sugar), I wanted to buy them, thank you.

According to the official website "New playing fields sitting alongside these facilities
will be adapted for community use". So, more money needed to build those "new"
infrastructures, if they will ever be built, of course. If you think you will ever
swim in the olympic pool, keep dreaming.
The park will be the only real long-term benefit of this otherwise fiasco, just
a bit expensive, if you ask me.
I used to be excited thinking about the games coming to London but now I am not,
and I am not even a cabbie!
Thursday 22 March 2012 7.24pm
I really am not trying to be a moaning minnie and a spoil sport...but honestly I'm doubtful as to whether all these billions really are justified and there's SO much that needs doing in the capital and in the country that it seems to me to be a ridiculous vanity project. And indeed the Dome was a damp squib. I hope I'll be proved wrong and that the whole thing will prove to have been a worthwhile investment but I'm not holding my breath.

To post a message, please log in or register..
We are part of
Independent Community News Network
Email newsletter

For the latest local news and events direct to your inbox every Monday, you need our weekly email newsletter SE1 Direct.

7,000+ locals read it every week. Can you afford to miss out?

Read the latest issue before signing up

Also on the forum
Views expressed in this discussion forum are those of the contributors and may not reflect the editorial policy of this website. Please read our terms and conditions