Boris Johnson, Mayor of London, will hire a financial expert from the City to analyse the budget for the London 2012 Olympics.
The Mayor will appoint an accountant or investment banker to determine whether the £9.3BN, currently budgeted for the Games, is delivering value for money.
Remember folks, back in September 2007, I predicted that the final costs for this white elephant would be around £20BN. I see no reason to change my view.
Don't forget to visit www.theolympicswarehouse.com
www.olympicsdiary.com brought to you by www.kenfrost.com "The Living Brand"
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Madden Leaves
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Accountancy Age reports that Dr Raymond Madden, executive director for
learning and professional development of the ICAEW, is leaving his post this
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