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.


Click here to subscribe to our daily morning email newsletter 'Breakfast in red'

Article information

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


Tags



Mobile users! Don't forget to add Socialist Worker to your home screen.