London 2012 £5.3b

Henry Irving

budget announced as £5.3billion total cost

£3.1 for the build and park
£1.7b for re-generation
£1.5b as contingency (flipping big margin for error)

Rothko

Build costs and park about the same as they were orginally

Charlton Dan

What about the other two costs?

Rothko

£1.7bn on Regen ain't that much considering what the land prices (and tax take) will be worth when it's done.

Henry Irving

yeah but those fat cats in re-generation will be raking it in as usual. : - )

If Wembley cost £1b then £3.1b for more stadiums, venues, park, home, infrastructure doesn't seem too bad.

Just think that telling a builder that you've got another 50% on top of the budget in case they over run/spend aint a good idea.

Charlton Dan

[cite]Posted By: Henry Irving[/cite]Just think that telling a builder that you've got another 50% on top of the budget in case they over run/spend aint a good idea.

But this is Red Ken were talking about. The bloke that is trying to promote us doing business with the South American version of Mugabe

Rothko

Didn't Tessa Jowell just announce this?

Henry Irving

[cite]Posted By: Rothko[/cite]Didn't Tessa Jowell just announce this?

yeah, that's how I know. got a wireless radiogram on at the moment.

Charlton Dan

BBC World Service, Radio 4 or BBC Radio Kent?

Henry Irving

BBC London - Robert Elms Show

Leroy Ambrose

Looks like more than 5.3 b to me

Off_it

Seems like a bargain to me, particularly when you think about how much the Trident "upgrade" is going to cost ............ but let's not go there!