LONDON (Reuters) - The head of private security firm G4S said on Saturday his firm only realised just over a week ago it would not be able to supply enough venue guards for this month's London Olympics, as he publicly apologised for the embarrassing failure.
The day after G4S said it would incur a loss of up to 50 million pounds ($77.7 million), its chief executive Nick Buckles hit the airwaves and TV studios to express remorse for the problem which has forced the British government to put 3,500 extra troops on standby to fill the gap.
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