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Old March 25th 08, 04:47 PM posted to uk.railway,uk.transport.london
Mizter T Mizter T is offline
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First recorded activity at LondonBanter: May 2005
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Default Crossrail could bankrupt London - says Ken Livingstone


On 25 Mar, 16:59, Roland Perry wrote:

In message , at 16:36:51 on
Tue, 25 Mar 2008, Grumpy Old Man
remarked:

The London 2012 Olympics will cost £18bn, is that essential?


Is it even correct? The bill for the infrastructure is £4.8bn


The total cost to the public purse is currently estimated at £9.325bn.

Source- DCMS December 2007 press release:
http://www.culture.gov.uk/Reference_...et_10dec07.htm
or via http://tinyurl.com/3bp5dm


Is that any
less bankrupting then Crossrail?


An utter waste of money.


And there's an estimated £6Bn benefit, so I'm not as pessimistic as you
are.



Depends upon how you measure the various benefits of course, and the
difficulty of quantifying them in monetary terms.

I remain a supporter of the 2012 Games, I think it'll do a lot of good
in a great many different ways.