This is a good article and substantially true.
I do take issue with the £24bn number though as it seems to be bandied around more and more and yet no-one seems to have a breakdown for it...

However, on to the real point, if we imagine for a moment that Paris won the 2012 games, I think that we'd still have seen a "regeneration" scheme for Newham.

It would have cost the government less, but once Stratford had been selected as an East side transportation hub, then "regeneration" and gentrification and eviction of the poor people were always coming...