Deighton was powerful enough to have become the 458th richest person in the country when he applied for the Locog position. He could afford the massive pay-cut

In one of two largely puff pieces in today's Guardian we're treated to a profile of LOCOG Chief Exec Paul Deighton's bankster past with Goldman Sachs. So we have some idea of where he's coming from in the second which leads:

photo: fakelvis on Flickr

©William Heron

Today Mr Higgins kindly sent me an email message in which he said:

'We remain within budget and on track to complete the vast majority of the venues and infrastructure with one year to go.'

Dave Hill coyly points to Tory Troll on '...cronyism from City Hall' and the Mirror's tabloid hanky-panky with some property developing people and money behind BoJo's 'throbbing red-veined