- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
 - Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
 
Reply to: Olympics - Under budget? Nope...
				
					Collapse
				
			
		
	You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
 - You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
 - If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
 
Logging in...
Previously on "Olympics - Under budget? Nope..."
					Collapse
				
			- 
	
		
		
		
		
		
	
	
	
	
I heard they are spending 27 million just on the opening ceremony complete with rain and farm animals
					
 - 
	
		
		
		
		
		
	
	
	
	
Right, who owns this zoomer?Originally posted by Old Hack View PostOur kids wanted to go. I would have preferred to have been sliced in my testicles, repeatedly, with rusty used Gillette GII's, so we have bribed them with 6 weeks in France so we can avoid the whole shebang.
Leave a comment:
 - 
	
		
		
		
		
		
	
	
	
	
Our kids wanted to go. I would have preferred to have been sliced in my testicles, repeatedly, with rusty used Gillette GII's, so we have bribed them with 6 weeks in France so we can avoid the whole shebang.Originally posted by kaiser78 View PostOlympic legacy, kids and all that...
I couldn't imagine anything worse, than a weekend/weekday in an already crammed full to busting capital, with millions more people and, allegedly, more sun, using an antiquated infrastructure.
Enjoy though, just not my bag. £150? Sheesh
Leave a comment:
 - 
	
		
		
		
		
		
	
	
	
	
You actually bought some tickets?Originally posted by kaiser78 View PostProbably explains why my Olympics swimming tickets are costing £150 a pop.
					
Leave a comment:
 - 
	
		
		
		
		
		
	
	
	
	
The games were never going to come in under budget. A couple of months ago an IOC official was on LBC and admitted the budget submitted in the hosting bid was deliberately low (ie as a loss leader) so as to ensure cost didn't blow out the London bid.
Probably explains why my Olympics swimming tickets are costing £150 a pop.
Leave a comment:
 - 
	
		
		
		
		
		
	
	
	
	
They made massive savings by only using a few goats and cows for the opening ceremony.
HTH
Leave a comment:
 - 
	
		
		
		
		
		
	
	
	
	
I know, this really tickled me. It's akin to listening to MF for financial advice....
Leave a comment:
 - 
	
		
		
			
			
			
		
		
		
		
	
	
	
	
Olympics - Under budget? Nope...
But if you spin it right... BBC News - London Olympics 'to come in £476m under budget'
So, £476m remains of the contingency, you know, there for risk and emergencies... I.e. not part of the actual budget. And this was AFTER they increased it four-fold from the original bid estimate...The £9.3bn budget, which included a £2bn contingency, was set in 2007 and was almost four times the estimated cost at the time London bid in 2005.
The budget was revised upwards after taking into account previously overlooked costs such as VAT, increased security costs, and an expanded brief for the Olympic Delivery Authority (ODA) to regenerate the lower Lea Valley area.
If i managed budgets in this manner, my client would have me off site before he could get his shoe back from up my backside!
					Tags: None
 
- Home
 - News & Features
 - First Timers
 - IR35 / S660 / BN66
 - Employee Benefit Trusts
 - Agency Workers Regulations
 - MSC Legislation
 - Limited Companies
 - Dividends
 - Umbrella Company
 - VAT / Flat Rate VAT
 - Job News & Guides
 - Money News & Guides
 - Guide to Contracts
 - Successful Contracting
 - Contracting Overseas
 - Contractor Calculators
 - MVL
 - Contractor Expenses
 
Advertisers

				
				
				
				
Leave a comment: