£20bn, including new subway lines, an airport terminal, a light railway, roads and sporting venues. The Olympic stadium, nicknamed the Bird's Nest cost £250m, much of which went on the 41,875 tonnes of steel included in the unusual lattice design
How much money Olympics 2012 costs?
considering all the poor people in the world.
. The initial cost estimate for reclaiming contaminated land for the Olympic Park—roughly $1.6 billion—was off by a factor of five, according to one former locog member. Overnight, the $3.9 billion price tag for the entire Olympics, the figure that Tessa Jowell had used to persuade her fellow Cabinet members to come on board, was blown away. In fact, it would cost a full $8 billion just to remediate the real estate, before construction could even begin.
At the time, the O.D.A.’s chief executive was Jack Lemley, a straight-talking septuagenarian from Boise, Idaho, who had overseen construction of the Channel Tunnel. In October 2006, as the O.D.A.’s budget was rapidly spiraling out of control, he resigned as chairman and gave a series of newspaper interviews in which he accused Tessa Jowell and Ken Livingstone of ignoring the true cost of building the Olympic Park. “They just did not want to hear bad news,” he told one reporter. “A blind man could see there was a huge environmental problem.”
One former locog member believes the I.O.C. should bear some blame for the O.D.A.’s budget travails. The host-city bid process demands detailed operational budgets for the Games, but it gives cities no incentive to use similar diligence on infrastructure costs. “They honestly don’t give a ****,” this person says, referring to the I.O.C. “It’s not going to cost them a penny. It’s all covered by the government.” The budget has kept on climbing. A recent parliamentary report put the cost of preparing for and producing the Games at $18 billion. Jack Lemley believes it will be more than $19.4 billion.
struggling to eek out a living
Quote:How much money Olympics 2012 costs?
Yup, you can remove 'money', Ori. But it would sound more natural with an auxiliary verb.
How much will/did Olympics 2012 cost?
I suspect that it should be "leads to people to criticize Beijing." But the addition of the "to" seems awkward to me.
PRIDE!????? **** that when the country is otherwise crumbling and the poor are starving.
Debt problems divide London
Thursday, 10 May 2012
London has the most complex personal debt problem in the UK, according to a new report from national debt charity Consumer Credit Counselling Service (CCCS). London in the red analyzes the financial circumstances of the more than 11,000 Londoners who contacted CCCS’s free debt advice helpline in 2011, and shows wide variations in financial difficulty across the city.