Posts Tagged ‘olympic security’

G4S reach financial settlement with LOCOG

G4S has agreed a financial settlement with the London 2012 organising committee, LOCOG, over its failure to provide enough security guards for the Olympic and Paralympic Games. Following months of negotiations with the Games’ organisers, the international security outsourcing group has agreed on terms that will see the firm incur losses of approximately £70 million…

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Nick Buckles says sorry for G4S Olympic shambles

Nick Buckles, G4S

Nick Buckles, the CEO of embattled security firm G4S, has said he’s deeply sorry for the failure of his company to deliver on its security contract for the London Olympic Games. G4S Statement regarding the Olympic Games Security Contract In a 90-minute performance before the Home Affairs Select Committee, he expressed regret for the failings…

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Statement regarding the Olympic Games Security Contract


G4S is totally committed to delivering a safe, secure and successful London 2012 Olympic and Paralympic Games. The Company is entering the final stages of an extremely complex workforce supply contract which is on an unprecedented scale. We have recently encountered significant difficulties in processing applicants in sufficient numbers through the necessary training, vetting and…

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