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Old March 26th 08, 06:46 AM posted to uk.railway,uk.transport.london
Paul Terry Paul Terry is offline
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First recorded activity at LondonBanter: Dec 2003
Posts: 829
Default Crossrail could bankrupt London - says Ken Livingstone

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,
Mizter T writes

What is it, like an extra £20 a year on the London council tax.


It depends what council tax band your house is in. For my small terraced
house it's almost £29 a year ... for the next ten years.

Every Olympic bid trumpets the supposed benefits of hosting the games,
but these benefits are very rarely realised. Barcelona was one of the
few exceptions, although even they have seen less tourist growth than
comparable cities that didn't host the Olympics. But Barcelona is
certainly a much better looking city than it was before the games.

I think the London games stand a better chance of delivering benefits
than most, but I suspect it will represent a very poor return on the
huge amount of money invested.
--
Paul Terry