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/ 8 December 2011
London Olympic organisers are facing significant budgetary challenges in the run-up to next year’s Games, with bills almost doubling.
Britain’s spending watchdogs warned Olympic organisers of the risk of exceeding their £9.3-billion budget and have little room for unforeseen costs.
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/ 22 November 2007
Senior officials knew about a decision to include financial details of millions of Britons on computer discs that then went missing in the mail, British opposition politicians said on Thursday. Citing an internal email, members of the Conservative Party said blame for the scandal went higher than just the junior civil servant so far blamed by the government.
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/ 25 October 2007
Britain’s Auditor General, the man charged with stopping government waste, announced he is stepping down on Thursday after criticism of his own lavish spending on foreign travel and top-notch restaurants. Sir John Bourn for 20 years served the British Parliament by making sure public money was not frittered away on frivolous projects.