Archive for July, 2012

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The Great G4S Olympic Fiasco

July 14, 2012

From The Guardian:

The security firm had been committed to supply 13,700 guards as demanded in its contract, worth £284m, which it now says it is unlikely to be able to fulfil. Overall, the 23,700-strong security force for the Games will include a mix of military, private security guards and at least 3,000 unpaid volunteers. [Chief executive Nick] Buckles said it would cost G4S between £314m and £324m to fulfil its contract and pay penalties.

Let’s do a little bit of maths…

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