Roundhouse, Vancouver’s community centre is a historical monument, its 374 steam engine being the one that pulled the first transcontinental train into Vancouver. Ten of the Roundhouse staff had to be laid off a week before the Olympics started due to money diverted to finance the Games.

Posted by Admin under 2010 Winter Games
Kent Spencer, The Province
Costs for the athletes village are being hidden in other budgets and may never be revealed to the public, the 2010 Games Watchdog Committee said yesterday.
“The city is laying out a bag of money,” said watchdog Chris Shaw
http://www.goingtovancouver.com/blog/?p=120

(AP)
Updated: 2007-02-05 10:43 The cost of the 2012 London Olympics has doubled and could reach as high as 9 billion pounds (US$17.6 billion; euro13.6 billion), according to a newspaper report Sunday.
The Sunday Times, citing figures obtained ahead of the official budget announcement by the British government, said the cost of building the Olympic Park had risen to 5.1 billion pounds (US$10 billion; euro7.7 billion)….
http://www.cp.org/english/online/OnlineFullStory.aspx?filename=s020427a&newsitemid=28789021&languageid=1

Treasury adding to costs of 2012 Olympics, MPs claim
http://politics.guardian.co.uk/economics/story/0,,1996635,00.html
· Cautious approach blamed for estimated budget rise
· Financial planning ahead of schedule, says Blair
Patrick Wintour
Tuesday January 23, 2007
The Guardian
A powerful committee of MPs will accuse the Treasury tomorrow of adding £2bn to the cost of the Olympics with its overcautious approach to …

Lloyds TSB commits to £80m London 2012 deal
by Joanna Bowery Marketing 3 Jan 2007
http://www.brandrepublic.com/bulletins/sports/article/624067/lloyds-tsb-commits-80m-london-2012-deal/
Lloyds TSB: backing London 2012
LONDON – Lloyds TSB is set to become the first brand to sign up as a top-tier sponsor of the London 2012 Olympic Games in a deal worth £80m….

Revealed: the true cost of Olympics
With a possible final bill of £8bn London’s 2012 Olympics could be the most costly sports event ever, says a report obtained by The Observer. Why were the original figures so much lower?
By Denis Campbell
Sunday November 19, 2006
The Observer <http://www.observer.co.uk>
http://politics.guardian.co.uk/gla/story/0,,1951980,00.html
City Hall, Ken Livingstone’s egg-shaped headquarters in the shadow of Tower Bridge, hosted many of the meetings, press conferences and receptions that paved the way for London’s unexpected but euphoric victory last year in the race to stage the 2012 Olympics. Last Wednesday morning it was …