UK News The staggering cost of cancelling the Olympics and other major events

14:46  24 july  2020
14:46  24 july  2020 Source:   lovemoney.com

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The Tokyo 2020 Olympics were due to kick off on 23 July, but the coronavirus pandemic has stopped this and many other mega- events from taking place. You are using an older browser version. Please use a supported version for the best MSN experience. The staggering cost of canceling the

Only world wars have led to cancellation of the Olympics , but other events , including politics, terrorism—and now pandemics—have encroached London was supposed to host the 1944 summer Olympics , but those were summarily canceled due to the ongoing war. Same for the 1944 winter

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Emma Weymouth has shared some stunning throwback photos from her wedding day, reflecting on the sentimental accessory she wore for the occasion. The former Strictly contestant shared a post promoting a historic tiara that will soon be available for auction, and told followers she had "only been lucky enough to wear a tiara once – on my wedding day".

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Ultimately any decision to cancel would rest with the IOC, and the potential ramifications for Japan if their stance on cancellation clashed with that of "If the Japanese were to cancel unilaterally, they would be financially very, very exposed to the IOC, to all of the Olympic partners," Payne continued.

The postponement of the Olympics will cost organisers a staggering £2.75billion, it has been revealed. The costs of the delay are also on top of a Games budget that had hit a record £9.6bn the last time it was announced in December 2019, three months before the postponement was confirmed.

The tiara Emma wore on her wedding day was a beautiful 'something borrowed' that belonged to a "dear friend". The mum-of-two explained: "This tiara belonged to a dear friend Lady Bathurst who sadly passed away. She was a vibrant and wonderful woman."

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WATCH: At home with Viscountess Emma Weymouth

Emma's tiara was the perfect accessory to her wedding dress, which was designed by Angelina Colarusso and was made from white embroidered duchesse satin. With the majestic setting of Longleat in the background, Emma and her husband Ceawlin's wedding photos look positively regal.

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The 34-year-old married Ceawlin at his family home in front of 350 guests in June 2013. They chose to share their big day with HELLO! with Emma saying at the time: "I looked at the blue sky out of the window and it felt like a dream. The sun was shining, my dad looked amazing in his traditional robes, everybody I cared about was in one place and looking happy. It was a feeling I carried with me throughout the whole day."

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A cancelled Olympics would be likely to affect tourism, which has been a major Nomura Securities had forecast consumption of £1.7billion from event -related tourism in 2020, which would Analysts at financial services firm Jefferies estimate the insured cost of the Olympics at £1.6billion, including TV

“The majority are seeking assurance of a refund plan, even though very few purchased the recommended travel insurance policy at the time of Indeed, European soccer has been one of the first leagues to take major precautionary measures: On Thursday, Inter Milan will play Ludogrets in a

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Emma Weymouth shared some wedding photos on Instagram

The Viscountess' bespoke wedding dress was a strapless column fitted with a detachable overskirt, train and lace sleeves, with hand-stitched lace appliqué over the top. Emma wore the whole ensemble for the ceremony and reception, but once the solemnities were over, she removed her sleeves, overskirt and train for the dancefloor.

"My dress is like a work of art – all the lace was hand stitched," said Emma, who accessorised her gown with the beautiful tiara, a family heirloom, and a bouquet of mixed white and ivory summer garden roses with jasmine trails and ivy.

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What staycations are left for Brits whose holidays have been ruined? .
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