MPs want G4S to forgo £57m olympic fee

The Home office affairs committee report into the G4S fiasco has recommended that G4S forgo its £57m management. Which is no surprise as they failed to manage the security situation. It has also recommended that G4S compensate those who received training and accreditation as security guards but where not actually given an assignment due to G4S incompetence.

At a Home Affairs Committee hearing, Mr Buckles told MPs that he expected Games organisers to pay his company "exactly in line" with the £237m contract.

Far from paying the reaming cash the government should be seeking compensation, unfortunately this fiasco is just another example of dogmatic thinking in government. The idea that the private sector can provide services cheaper and more effectively than the public sector is as ridiculous as the idea that you can successfully nationalise the car industry.

G4S scandal shows the danger of placing principles over morals

Conservative principles say that everything the public sector can do the private sector can do a better job than the police. A moral approach is to say who can deliver the best security and the inevitable answer is the police there is no organisation in the country more competent or experienced at providing security and it is them that should be running this with support from a variety of security companies not just one.

Unfortunately Conservative principles say that it is the private sector that is better at everything so the experts where sidelined for a bunch of expensive clowns with a bad reputation. Having private companies run services is as mad as nationalising the car industry both have been done from principles and both are abject failures.

Nick Buckles of G4S was asked why they are still claiming the fee despite their massive cockup his reply was "in principle it is part of the contract" once again principles trump morals. Principles are a cancer in politics it is time for politicians to do what is right not what matches there principles.