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2012 Finance

Danger of default on Government Olympic debt to communities as campaigners mark ‘three year anniversary of shame’

News Release
For immediate release [12/8/2015]

Danger of default on Government Olympic debt to communities as campaigners mark ‘three year anniversary of shame’

Three years on from the end of London 2012 and £425 million in raided lottery cash owed to charities and communities across the UK has not been repaid, and the new Government has gone silent on the issue.


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the wrong kind of snow

In an earlier post today I took poor Emily Dugan to task for her churnalistic efforts, pointing to the datasets on the London 2012 budget published by the Guardian. In fairness it can't be that easy to dig out the truth from the smorgasbord of possible truths laid before us. Controversial enough is the widespread popular belief - not just amongst journalists - that the budget remains around £9billion. OK, factor in the externalities and news sources such as Sky could have us believe that including the hidden costs the real budget can easily have been as much as £24billion. Who knows?


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BOA constrictor Coe

Revenge is a dish best served cold and companion of dishonour Coe is enjoying his repast. His arrival at the BOA has ‘coincided’ with the departures of Chairman Colin Moynihan, who left a year early, the former commercial director, Hugh Chambers, and the director of sport, Sir Clive Woodward, who noted the organisation was taking a ‘new direction’.


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NAO rolls over on Olympics budget

Now the National Audit Office falls into line and says the London Olympics were completed 'within budget'.


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In search of legacies lost

The former Arena Field, site of the Media Centre, in 2008The former Arena Field, site of the Media Centre, in 2008

Runners are sent ahead to drum up excitement; the circus rolls into town, and the people pay. Show over and profits taken, the circus pulls out, leaving behind mere memories and mess.

The five ring circus works on similar lines over a longer eight-year timescale. Why did London agree to host this circus? The time to reject a London Olympics was during the bid stage


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Jonathan Stephens has got form

Jonathan Stephens, the permanent secretary at the Department for Culture, Media and Sport (DCMS), told a select committee that he would neither confirm nor deny his alleged role in allowing Adam Smith, Hunt's special adviser, to speak to James Murdoch's office. Later, the DCMS issued a statement saying Stephens was "content" with Smith's role.


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London 2012 Olympic’s shameful corporate sponsors

by Steve Rushton
American League Against War and Fascism poster: Poster calling for boycott of Hitler's 1936 GamesAmerican League Against War and Fascism poster: Poster calling for boycott of Hitler's 1936 GamesSponsors of the 2012 London Olympics profit from peoples’ deaths and destroying the planet, whilst creating a vastly unequal economic system; this smears the Olympic ethos of people coming together to celebrate sporting excellence. Desecrating the games integrity will be advertisements from companies that profit directly from and cause peoples’ death, not least BP, Dow and Rio Tinto. Nevertheless, David Cameron has come out in support of DOW’s sponsorship.[i] More broadly, it has been argued that elites within the system are attempting to suppress peoples’ rights to express their discontent against injustices in Britain and abroad.


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Video from CounterOlympics: London Olympics 'Lost Opportunities'

CounterOlympics first video production! A film made by Kostas Deligiannidis, Mike Wells and Julian Cheyne.



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