G4S chief apologises for security staffing errors

The company providing security for the London Olympics has apologised for not providing enough security staff and says it will pay for extra troops to police the Games. G4S stands to lose up to £50m after failing to meet its commitments. Glen Goodman reports.

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£70m Olympic loss for G4S

Security company G4S today said it will incur a loss of £70 million on its bungled Olympics contract, more than the £50 million previously estimated.