The key position of finance director was due to be announced last week by Barbara Cassani, the bid chairman, but a spokesman told Accountancy Age, this was being delayed because of ‘another appointment’.
The spokesman said the committee was hoping to making the announcement shortly.
Whoever is named will take charge of £13m worth of bid finances, although this will be dwarfed by the actual cost of running the games in the capital city, which is estimated to top £2.4bn if London is successful.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements