London Olympic organisers are facing significant budgetary challenges in the run-up to next year’s Games, with bills almost doubling.

Britain’s spending watchdogs warned Olympic organisers of the risk of exceeding their £9.3-billion budget and have little room for unforeseen costs.

Senior officials knew about a decision to include financial details of millions of Britons on computer discs that then went missing in the mail, British opposition politicians…

Britain’s Auditor General, the man charged with stopping government waste, announced he is stepping down on Thursday after criticism of his own lavish spending on foreign travel…