Perhaps we should ask G4S who are probably wondering whether they’ll pay the ultimate price for getting things so wrong on the Olympic security contract. Depending on which report you read, they’re gonna be in for between £30 and £50 million by the time they’ve covered their costs and compensated the government who will now have to draft in the military to keep the games safe. But it doesn’t end there, G4S stock has plummeted since Friday and their brand (possibly even brand GB) has also taken a severe battering. With such challenges to overcome, it might be time for them to dust off operation “Prisoners on the loose” which saw them change their name from Group4 after they rose to notoriety in the mid 90′s after a series of security blunders, some of which resulted in prisoners escaping whilst in their custody. How easily they appear to have shaken off a reputation for incompetence and win yet another high profile contract to balls up! Read the full article