Go ride your bike and keep out of the way.
can i keep out of the way though ?
we’re led to believe that……….
the £10.5m budget has been raised from individual donations and corporate sponsorships
yet……..
The Greater London Authority has budgeted £2m for outside screens, road closures, signage and similar expenses. It will pick up £100,000 and pass the rest of the bill to the Department for Media, Culture and Sport. Some of the costs will be offset by revenues from commercial sponsorship.
The Royal Household has been given an extra £1m to cover the cost of administration and increased correspondence in the jubilee year. That comes from taxpayers via the Sovereign Grant – and it’s more than double the contribution made for the Golden Jubilee in 2002 (£450,000).
On top of those costs, the Metropolitan police will put over 6,000 officers on duty on the busiest days. 21 police boats will patrol the river. All these costs will be met from the public purse.
The Ministry of Defence is also making a big contribution.
The MoD and Met police would not supply cost estimates for their participation, but it is likely to run to millions of pounds.
But the biggest cost of all will come from the time off that the public take to watch it all. The Bank of England warned that the impact of people not working on the bank holidays will knock 0.5 per cent off GDP for the second quarter of the year – wiping over £1bn off the national output and prolonging the country’s double-dip recession.
all so people can tug their forelocks and wave a little plastic flag whilst at the same time people are losing their jobs because there is no funding available for them.
i can’t keep out of the way of that.