The Olympics

The Olympics


News, information and stories about the Olympic Games in London 2012 and the Olympics in general.

Wednesday, September 16, 2015

The Olympics Torch Rally

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Monday, July 6, 2015

The 2012 Legacy Failure - "Wicked" and "Negligent" brought to you by "The Living Brand"

Thursday, February 20, 2014

Pussy Riot Beaten By Cossacks

Pussy Riot, the punk band were filmed being beaten by uniformed cossacks wielding horsewhips, when the band attempted to perform in Sochi yesterday.

Cossacks are not members of the police or military, but have been employed by the Russian authorities to maintain order during the Olympics.

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Saturday, February 8, 2014

The Most Expensive Olympics In History

The 2014 Sochi Winter Olympics are the most expensive Olympics in history, costing a stonking £30BN.

Despite the £30BN cost, a technical hitch during the opening ceremony meant that the last of the five rings (which initially appeared as snowflakes) making up the Olympic symbol failed to open.

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Friday, February 7, 2014

Friday, July 26, 2013

Was The Olympics Worth It?

Allegedly, if a survey carried out by ComRes for the BBC of 3,218 adults is to be believed, then more than two-thirds of the UK public believe the £8.77bn cost of the London 2012 Olympics was worth the money.

That's all very nice and dandy, except that the cost of the Olympics was in fact £12BN.

Given that the survey is based on an inaccurate cost figure, why on earth should the result be seen as in anyway credible? brought to you by "The Living Brand"

Friday, July 19, 2013

The Olympics Boost?

A report, for the UK Trade and Investment department (UKTI), said that last year's Olympics resulted in:
  • £2.5bn "additional inward investment", 58% of which was outside London
  • £5.9bn additional sales following Olympic-related promotions by the Foreign Office and UKTI
  • £1.5bn high value overseas contracts - such as helping to design venues in other host-nations
A grand total of £9.9BN.

The figures are of course unprovable, as there is no way of knowing what would have happened without the Olympics.

Additionally, the cost of the Olympics was around £12BN.

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Saturday, January 19, 2013

The £1.2M Olympic Ticket Giveaway

How "nice" to see that the government spent £1.2M of taxpayers' money on providing ministers and their chums with free tickets to watch the London 2012 Olympics.

Aside from being a colossal waste of money, it highlights the fact that there was clearly a massive shortfall in demand from genuine paying spectators for some events.

Annex A – Summary

Annex B – Ceremonies

Annex C – List of recipients to sporting events

Annex D – Accreditation

Annex E – Parliamentary Ambassadors

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Thursday, December 6, 2012

The Olympics Legacy

West Ham United have until March 2013 to seal a deal for the Olympic Stadium after being selected as “first-ranked” bidder.

As to whether a deal is agreed remains to be seen, as some doubt West Ham's willingness to stump up a "fair price" for the stadium.

Boris Johnson displayed some public doubts, and applied some pressure yesterday. The Telegraph reports that that he said that he will pursue a “Plan B”, that does not involve football, if a deal cannot be struck.

It is ironic, is it not, that the taxpayer having spent millions on a state of the art athletics track the legacy will most likely be a football stadium that will earn the football club (not the taxpayer) millions?

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Friday, October 26, 2012

OIympics Boost To GDP?

Allegedly the London Olympics contributed to the1% rise in GDP during Q3, as ticket sales boosted the growth figures.

However, the Olympics also caused a fall in retail sales which may have in fact overridden the one off boost that the games have allegedly given to GDP.

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Thursday, September 20, 2012

Olympics Depress Retail Sales

Unsurprisingly, the recent Olympics had a depressing effect on retail sales (as people stayed at home to watch the Games).

The Office for National Statistics reports that retail sales fell by 0.2% in August compared to July.

Despite the fact that people stayed at home, online sales were worst hit (falling by 0.9%). Online retailers are of the view that people were so "enthralled" watching the Games on the TV, that they stayed away from the PCs.


I am not so sure, many will have watched the Games online.
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Wednesday, September 12, 2012

Locog and G4S Square Up To Each Other

Locog and G4S are squaring up for a battle over G4S's fees for the security cover they provided (or rather didn't provide) for the London 2012 Olympics.

Paul Deighton, CEO of Locog, told the Home Affairs Select Committee that Locog stopped payments to G4S on July 13, two days after G4S admitted that it would not be able to deliver the 10,400 security guards it had agreed to deploy.

The Telegraph reports that Locog has paid G4S £90M of a total £240M, and that the rest (according to Mr Deighton) is subject to negotiation.

Deighton said:
We had absolutely clear and consistent reassurances from the senior management that they’d be able to deliver ... up until that fateful day on July 11. We shouldn’t over-complicate this. They just failed to deliver because their own processes broke down.”
Step forward Nick Buckles, CEO of G4S, who also appeared before the committee. Unsurprisingly he has a different view, and is of the opinion that G4S should be paid in full:
I’m not going to sit here and say we did a great job, but we delivered a significant proportion of the contract. I expect them to pay us in line with the terms of the contract.
The contract would make fascinating reading. However, I doubt that we will ever be able to read the contract as it is shrouded in secrecy.

As I have stated before:
"This is of course what happens when a major project/event is not run in an open transparent manner, and is not subject to scrutiny by independent professionals acting in the interests of the taxpayer."
The hapless taxpayer will end up footing the bill for the largess and incompetence of Locog and G4S.

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