As I predicted some months ago, the costs of the 2012 London Olympics are now expected to hit £12BN (including the £2BN running costs).
The original budget was a paltry £2.4BN.
How can the planners have go this so wrong?
Simple, the budget was not properly put together; because the politicians running this farce are incompetent.
Never, ever, trust a politician to run a major project like this; you only have to look at the Dome fiasco to see how bad things can get, when the politicians are entrusted with a project.
Blair's legacy will be:
1 The Iraq war
2 The Dome
3 The Olympic budgetary fiasco