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  • Olympics comes in under budget

    I don't believe what is said there in anycase, but according to that article, that £9.7bn budget that they're saying they beat included a £2bn contingency. The 'under budget' amount of £476m therefore indicates that they spent their a lot of their contingency.

    Given that contingency funding would be used for things they can't expect (imagine that can cover all manner of mis management) doesn't that mean that it's come in over the amount that they expected to spend?

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