Security firm G4S has been awarded its first Government contract to continue running a centre for young offenders in Kent.
G4S should be the first outfit on a Government blacklist of high-risk firms that have failed to deliver, MPs have said.
G4S is to donate £2.5 million to the Armed Forces as a "goodwill gesture"
The Met Commissioner Bernard Hogan-Howe has told the London Assembly that he is confident the Olympics will have proper security. He also explained that the problems at G4S were made worse because the company assumed it had a communication problem and did not realise it was short of staff.
Boris Johnson has announced that the military personnel who have been brought in to protect the Olympics and Paralympics will get free use of public transport. Personnel who are wearing their uniforms will be allowed to use Transport for London services without being charged.
The Olympics Minister Hugh Robertson has said that the taxpayer will not pay any extra for Olympics security after the private firm G4S failed to provide enough staff. He also said that penalty clauses in the £57m contract with G4S would be activated.
Assistant Commissioner Chris Allison explains the size of the Metropolitan Police's operation to ensure the Olympics and Paralympics happen safely.
The Metropolitan Police force is to open its Special Operations control room for the Olympic Games later. The centre in Lambeth features the latest in security technology and closed circuit television.
Embattled G4S boss Nick Buckles had told a committee of MP's that his firm took the contract to provide Olympic security to boost it's reputation, not it's profits.
Mr Buckles admitted that the debacle surrounding the contract was likely to count against the firm in future.
They also expect that as a result of the problems, they will make a loss of £50 million on the contract- a sum described by Mr Buckles as 'a huge amount' representing around ten per cent of the company's expected annual profits.
Read more on the ITV News website