Economics
West Ham - The Property Developer's Legacy
The media has fallen over itself to provide sympathetic coverage of West Ham's sale of their Boleyn ground. The Guardian headlined their article saying West Ham ‘agree’ to sell the old home ground as if this was something they would have preferred not to do instead of pointing out that developing the Boleyn ground was the whole point of the move to the Aftermath Park.
Submitted by Julian Cheyne on Tue, 18/02/2014 - 21:18.
Article | 2012 Business | 2012 Legacy | Economics | Newham | Planning & Development | Regeneration
London2012 tourism - Hark, now hear the sailors cry...
First lies, then farce. After all the self-serving lies about the benefits of London2012 comes the claim from the British Marine Federation that the annual contribution of UK boating tourism in 2012-2013 outweighed the 'total tourism impact of the 2012 London Olympic and Paralympic Games between 2005 and 2017 (including pre-Games visits, the Games themselves and the estimated ongoing Legacy effect).'
Submitted by Julian Cheyne on Mon, 03/02/2014 - 01:12.
Blog | 2012 Legacy | Economics | Tourism
the wrong kind of snow
In an earlier post today I took poor Emily Dugan to task for her churnalistic efforts, pointing to the datasets on the London 2012 budget published by the Guardian. In fairness it can't be that easy to dig out the truth from the smorgasbord of possible truths laid before us. Controversial enough is the widespread popular belief - not just amongst journalists - that the budget remains around £9billion. OK, factor in the externalities and news sources such as Sky could have us believe that including the hidden costs the real budget can easily have been as much as £24billion. Who knows?
Submitted by Steve Dowding on Fri, 19/07/2013 - 16:14.
Blog | 2012 Finance | 2012 Legacy | 2012 Media | 2012 Transport | Economics
Bad Boris Dreams
Did Boris have a favourite lilo he used to float around on when he was young? After his ‘Olympic legacy’ floating park on the Thames ‘sank’ into oblivion it seems he has been using bath time to dream up some more lilo type developments for the river and the Royal docks. Boris’ original idea was criticised by objectors as ‘an unwelcome intrusion’ into the river. The Port of London Authority was also unhappy and considered his watery park would be a ‘navigation hazard’. His new plan for homes floating in the Docks has been panned as a ‘Titanic mistake’ by London City Airport campaigner Alan Haughton who says ‘The Royal Docks contains the London City Airport Public Safety Zone - also called a crash zone. The Department for Transport strictly forbids development in a Crash Zone’.
Submitted by Julian Cheyne on Tue, 26/03/2013 - 14:28.
Blog | 2012 Transport | Cycling | Economics | Funding | London 2012 | Sponsors | Transport
The joys of boosterism
A fascinating little boosterist gem from the Standard. First, it reports that Carat, 'one of Britain’s biggest media-buying agencies', says there was no boost in 2012 to advertising from the London Olympics. Well, that's in line with most other results and easy enough to understand. But then, second, we are told Carat expects higher growth in 2013, even though there are no mega events. Third, 2014 should be 'even stronger thanks to the football World Cup'. 'Even stronger'? Why 'even' stronger? 2012 showed no boost so what 'even stronger' growth can 2014 produce? And as the Olympics did not boost advertising in 2012 why should advertising grow in 2014 'thanks' to the World Cup? Fourth, the article rounds off saying Carat thinks 'Brazil and Russia should see double-digit increases as they host the World Cup and Winter Olympics.' London showed no boost in growth despite hosting the Olympics yet Brazil and Russia are expected to show double-digit growth because they are hosting these mega events?
Submitted by Julian Cheyne on Thu, 21/03/2013 - 02:28.
the budget just went up?
Submitted by Steve Dowding on Thu, 07/03/2013 - 10:33.
Blog | 2012 Legacy | Cycling | Economics | Planning & Development
Cuckoo! Swiss say No to Winter Olympics
'No voters rejected bid organisers' claims that Olympic hosting would help tourism in the area and boost the local economy.' Those sensible Swiss from the Graubünden canton have seen through the lies of the Olympics and said no to the Winter Olympics in 2022. Bern voters did the same thing when they refused to bid for the 2010 Winter Olympics.
Submitted by Julian Cheyne on Tue, 05/03/2013 - 00:50.
Blog | Economics | Other Olympics | Tourism
A Visa for Sochi 2014
Now it‘s the Russians' turn to ask ‘when is a monopoly not a monopoly?’ When it’s a Visa for the Olympics, stupid!
Submitted by Julian Cheyne on Fri, 01/03/2013 - 02:40.
Blog | Economics | Sochi 2014 | Sponsors

