The Hidden Costs of the Olympics: £4 billion in construction inflation

I have a new TaxPayers' Alliance report out today looking at the implications of the Olympics for construction inflation. As I said:

“Increasing the cost of construction in London and the South East is not only hazardous to the health of the British economy but also imperils the objective of getting enough new homes built to make things easier for first-time buyers. The bigger the bill for the Olympics becomes, the more damaging this knock-on hidden cost will be.”

This has led to my first front-page quote, in today's Metro. Good times.