Olympic Delivery Authority chairman John Armitt has admitted that to worrying that some SMEs working on the project might have cash flow problems during the economic downturn.

He said he would be surprised if there were not one or two fractures in the supply chain as 2012 goes ahead. Addressing the Cambridge University Land Society Global Economy Forum Mr Armitt also admitted that planning for the legacy of the site and its buildings would become very political - especially if there was to be any cutting around planning issues after the games.

Introducing Mr Armitt Forum Chairman Douglas Blausten, senior partner at Cyril Leonard said trying to work out the legacy for the Olympics was a “formidable task”.

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Bavaria’s new State Secretary Franz Joseph Pschierer was guest speaker at a D Group Germany event hosted by Cyril Leonard’s Munich office on November 4 2008.

Leading figures from the real estate and finance sectors in Munich were present at the event which focused on “Investment Strategies and Privatisation Activities of the State of Bavaria”.

Cyril Leonard has been a member of the D Group, one of the most prestigious networking organisations in the UK, for more than 10 years but it is the first time that the property consultants and asset managers have held such an event in Germany.

“It was a great success with a good discussion and we hope that it will be just the first of many such networking events,” said Managing Director of Cyril Leonard Germany Elmar Schilling.

“The greatest advantage of this networking event was that the number of participants was limited to 20, which enabled guests to participate in a subsequent discussion exchanging the ideas with the speaker as well as the other participants,” said Partner at Osborne Clarke Munich Philip Meichssner.

“We experienced very positive feedback from our guests in respect of such D Group events on a regular basis in Munich, emphasising the importance of regular personal networking events while day-to-day business communication nowadays becomes fast but extremely virtual,” said Senior Investment Consultant at Cyril Leonard Germany Alexander Chegrynets.

But Still Not Soon Enough For Some Who Wanted It A Year Earlier

Despite the monumental difficulties facing Eurostar in their move from Waterloo to their new home at King’s Cross St Pancras the results were staggering.

* The move was carried out pretty well overnight.

* Expectations were that there would be a drop in the number of passengers in the initial months – actually there has been a 20 per cent rise on the number for the same period last year.

* The new high speed service reliability is “up there” with the bullet train in Japan which is renowned around the world for its time keeping and safety.

* And communications were so successful that only seven people turned up at Waterloo instead of St Pancras during the first seven days of the changeover.

But there was still one totally unexpected hiccough: Apparently quite a lot of people — including some from overseas – turned up on the 14th November expecting to board their Eurostar train from its new home. The trouble was it was the 14th November 2006, a full year early.

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