Socialist Worker

Olympics is a waste of cash

Issue No. 2189

Activists protest last week against the waste of resources and the theft of land for stadiums at the Winter Olympics in Vancouver.  (Pic: http://www.flickr.com/photos/47497912@N06/4353128672/luv and revolution/Flickr

Activists protest last week against the waste of resources and the theft of land for stadiums at the Winter Olympics in Vancouver. (Pic: luv and revolution/Flickr


The cost of the 2012 London Olympics is soaring out of control.

The Olympic Delivery Authority had budgeted £116 million for the Olympic Park three years ago. It now says that the figure could have doubled to £276 million.

With another two years to go until the London games, who knows how much more costs will rise?

The government has already set aside £1.3 billion in “contingency” money to cover the rising costs.

The one thing that is certain is who will be expected to foot the bill.


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News
Tue 16 Feb 2010, 18:13 GMT
Issue No. 2189
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