How London 2012 was credit crunched

The financial magic of the Five Ring Circus is that the International Olympic Committee takes no risk, pays no taxes and can look forward to guaranteed benefits for its members and the extended 'Olympic family'....

Oligarch buys London newspaper for a quid

I do wonder what the details of the financial wheelings and dealers are, but it appears the London Evening Standard has gone for a song, for a stated purchase price of one pound (1UKP). From Hackney and TheGuardian's über-blogger Dave Hill - Alexander Lebedev completes...

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