CounterOlympics first video production! A film made by Kostas Deligiannidis, Mike Wells and Julian Cheyne.
The true cost of the London Olympics will only be known after the Games are over.
The original budget of £2.4billion may now have risen ten times to £24billion.
The Games are not ‘within’ budget’ and many costs such as the acquisition of the land, the remediation, spending by government departments and quangos are not included in the revised budget of £9.34billion
The ‘opportunity costs’ of spending £24billion could have gone a long way to saving Britain from the Tory austerity shock doctrine