G4S boss confirms they will foot the bill for Northumbria Police bail out at Olympic venues

The Chief Executive of security firm G4S said his company would foot the bill for any policing costs caused by the Olympics security fiasco

Nick Buckles told members of the Home Affairs Select Committee he regrets his company ever tendered for the contract, which has seen them fail to provide the amount of security staff they were contracted for.

The army has been drafted in to cover the gaps, while at some venues like the Newcastle/Gateshead Hilton, which is being used as a base for Olympic football teams playing in the city, police have had to cover for G4S staff who simply didn't turn up.

Mr Buckles, who earns £830,000 a year, said that his company would cover all costs.

It's the potential for problems that is of concern to some. Andy Redhead is a security expert who has worked on some of the top sporting events in the country and sits on a national security advisory panel. His company Sec-Tech has security contracts all over the world.

See Andy Redhead's interview in full:

But is it enough to put people off coming to the games? We asked for opinions outside St James' Park, one of the Olympic Football Venues

See Kenny Toal's report in full here: