The bizarre Olympic budget

Huge project, budget goes horribly wrong. Not much of a surprise there given the track-record of many large projects in Britain, but I do love some of the details as to how the budgets for the 2012 London Olympics went wrong:

The Department for Culture, Media and Sport and the Olympic Delivery Authority (ODA) were criticised for omitting security, tax and contingency costs.

Security? It’s not as if you ever hear the Home Secretary worrying about security. Tax? Never heard of anyone having to pay such a thing. Contingency? Nothing ever goes wrong you know.