Olympics costs spiral - as predicted
Over a year and a half ago I pointed out that this would happen (with advice from a few seers - see the original blog entry) and things have actually got worse than expected.
There's talk of the Big Lottery Fund being raided because the initial estimate of £2.38bn has now catapulted to almost £10bn. Despite building plans being downsized.
And charities will suffer. Like I said. More at the Intelligentgiving blog.