If you need urgent support, call 999 or go to your nearest A&E. To contact our Crisis Messenger (open 24/7) text THEMIX to 85258.
Options
Olympics could cost £9bn :eek:
Former Member
Posts: 1,876,323 The Mix Honorary Guru
So that's more than trebled from an initial budget of £2.35bn last year, why do I get the feeling this is going to be a monumental cock up? And we're still 5 years away I dread to think what the final figure will be...
Story.
Of course this will have to be raised by the taxpayers, I think all that celebrating when we won the olympic bid was a bit premature when you look at our track record, forget wembley forget the millennium dome this will be the ultimate blunder, i thought the olympics was supposed to boost the economy
why do we put up with such incompetence? it is our money they're spending after all, well, not mine for much longer...
Story.
Of course this will have to be raised by the taxpayers, I think all that celebrating when we won the olympic bid was a bit premature when you look at our track record, forget wembley forget the millennium dome this will be the ultimate blunder, i thought the olympics was supposed to boost the economy
why do we put up with such incompetence? it is our money they're spending after all, well, not mine for much longer... 0
Comments
Oh dear...
I for one don't want to pay for this. Though I suspect the options to that are limited... :rolleyes:
Still, I live in London so you could say I will probably see some improvements and benefits to my home city. Spare a thought for the poor suckers who don't live in London and might end up having to pay for it.
But the cost is not the problem at the moment.
It's all the politics that's going on. The fact that they haven't agreed over cost yet is just a representation of that.
The important question is whether you think the Olympics are worth it. If you do it right, like Sydney in 2000, the money you make from the additional tourism (Sydney's tourism is still booming because of the Olympics) pays for it. If you do it wrong, like Atlanta or Montreal, you're screwed.
It'll be interesting to see what happens.
probably not, i think a more pertinent question is has any british construction project come in at anywhere near the estimated cost, or even on time for that matter? It wouldn't surprise me if we had to postpone the Olympics til 2014 the rate things get done in this country....
i think £9bn is still an underestimate kermit, my point is we're only one year in and the costs have trebled.
Right... I'm out!
Aye but your Welsh so what's the problem?
Namaste lives in London and AFAIK shes not welsh either. The money has to come from somewhere, the easiest place being taxes. Although of couse the orginial figure was going to be way way under the actual figure. Probably by a good £10 billion as well.
She is Welsh. I'm not sure, but unless Landlords are charging students as part of the Olympic tax, then I don't see any reason why she should have to pay.
It's the same everywhere mate.
Right up until Bin Laden drops a big one on the town...
But yes, generally speaking all such big projects go overbudget. It all depends by how much I guess... some projects are 25 or 50% over budget, and some by many times over.
I think that the key is that like Sydney, London is already a huge tourist resort anyway. I reckon it's does more good as a boost for a really popular city, rather than one of the only reasons to visit the place. I think if Manchester would've won it, the probably wouldn't have got their money back in the long run. No-one is going to pick Manchester over Paris as a tourist resort, but the Olympics could make someone choose to visit London instead of Paris.
Nah, she was born in Cambridgeshire, if I remember rightly.
Most taxes will go up in London because of the Olympics, and that will affect everyone.
Personally I think that you should be allowed to choose to pay it, but since when has Commie Ken ever given a stuff about democracy?