This blog carries a warning. I'm going to use a few words which usually have most people racing away from this page and clicking on something more appetising. But can you just stick with me for a few paragraphs, please?
The parliamentary Public Accounts Committee (I did warn you!) has today published a report which points out that the £9.3 billion budget for the 2012 Olympics is "worryingly tight".
Now it's the job of the PAC to play the role of a paranoid accountant, weighed down with gloom and doom. But all successful companies have one of those sitting on the board and I understand one of the reasons the London Development Agency (LDA) got into trouble over its financing of the Olympic Park site was that it didn't have somebody warning about the worst case scenario.
Read the rest of this entry
Boris Johnson is trying to make a lot of noise today about his plans for the "look and feel" of London during the 2012 Olympics.
Johnson says he wants London to be "epicentre of fun in the universe" during the Games.
"People will hugely enjoy it and for those who don't enjoy it, it'll all be over in a flash," predicts Johnson.
"We believe that London in 2012 is going to be the place that people want to come and have fun and see the Olympic Games so we've got to get ready on that basis."
Read the rest of this entry
I'm a great fan of Europe. I lived and worked as a foreign correspondent on the continent for 10 years, I've learned to speak French and German fluently and I've studied the political and economic systems of our European neighbours.
But I'm wondering if London 2012 should take on European Union law - and indeed the International Olympic Committee - over tickets for the 2012 Olympics.
I was talking to people in Hackney in east London the other day about ticketing and some people felt strongly that Londoners should get a special deal.
Read the rest of this entry
Sometimes our politicians miss the story. And most of them did the other day at the London Assembly when they were quizzing Baroness Ford about the legacy of the Olympic Park.
Ford is the head of the Olympic Park Legacy Company and is therefore in charge of making sure that the Park works for the local community for decades after 2012.
What she admitted to the Assembly is that nobody has worked out yet where the money is coming from to pay for the key changes which will be needed after the Games.
The bill is expected to be around £450 million.
Read the rest of this entry
Kate Hoey, the former Sports Minister, caused huge controversy during London's bid for the 2012 Olympics when she claimed Paris deserved the Games more than Britain.
Today, the Labour MP has given an interview to London's Evening Standard which is likely to anger 2012 officials even more.
The big Olympic issue at the moment is legacy; what is going to be left for both Londoners and the rest of the UK when the Olympic party is over.
Hoey has attacked the Government for forgetting the promises made about changing the sporting face of Britain when 2012 made their pitch to the International Olympic Committee in Singapore in 2005. Remember the emotional film about inspiring children worldwide to take up sport.
Read the rest of this entry
I'm BBC London's Olympics Correspondent, which means I report on every aspect of the preparations for 2012. I'm going to be telling you what people are saying about London's preparations - both in the Olympic corridors of power and on the streets of the capital - and I want to hear your views.
