Tag ArchivesFor the word: spendthrift
Dec11
Rant: 2012 Olympics Carnival Goes Critical
Insane!
That’s the only adjective to describe today’s news in the Evening Standard (and briefly on the Beeb before it seemed to mysteriously vanish!) that “The organisation in charge of keeping the costs of the 2012 Olympics down is to receive a £10 million bonus in recognition of its success”.
OK…let’s just rewind slightly…
Did I imagine it or isn’t the Olympic budget currently under scrutiny – largely because the estimated cost has exploded to a gobsmacking £9.3 billion – more than 4 times the original estimate (with 5 years still to run)?
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