Nice work if you can get it. The 228 permanent staff at the ODA are enjoying an average wage of £67,000 plus an average bonus of £13,700 on top, plus expenses of course. See

Stella McCartney has been hired by sports apparel maker Adidas to design their outfits for Team GB at the 2012 Olympics.

The IOC’s Vancouver 2010 marketing report was quietly published on July 6 lifting the lid a little on VANOC's financial information blackout, as

A novel take on the 2012 Games. Apparently businesses are anticipating losses from the London Olympics. A range of legal, financial, media and public sector organisations are unhappy at the lack of attention being paid to the possible disruption and loss of revenue the Games may bring.

Jacques Rogge faces both ways over BP's sponsorship of the 2012 Olympics. On the one hand it is reported that the Olympic governing body is content to allow BP to sponsor the London Games provided the firm takes proper "corrective measures" to alleviate the oil spill in the Gulf of Mexico.

Deighton was powerful enough to have become the 458th richest person in the country when he applied for the Locog position. He could afford the massive pay-cut

In one of two largely puff pieces in today's Guardian we're treated to a profile of LOCOG Chief Exec Paul Deighton's bankster past with Goldman Sachs. So we have some idea of where he's coming from in the second which leads:

photo: fakelvis on Flickr