The credit crunch could have a silver lining for the hard-pressed organisers of the London 2012 Olympics who can now scale back their grand designs with the full blessing of the public and the IOC.
The rationing and homemade kit of 1948 when war-weary London's hosting was dubbed the "Austerity Games" should not be necessary this time but athletes arriving in 2012 will not be greeted by the mega-structures of Beijing.
Flat-pack stadiums are likely to be the order of the day while several of the original bid's planned temporary venues could be scrapped for existing buildings in... More >
Chicago 2016 organizers don't think the global economic crisis will have a negative effect on the city's bid to host the 2016 Summer Olympic Games.
Patrick Sandusky, spoke...More>
London's 2012 Olympic stadium is highly unlikely to be used for Premier League football, the man responsible for building the venues said Wednesday.
The showpiece 500 milli...More>
Boris Johnson has said the 2012 Olympic Games will be "cosier" and have more "intimacy" than those in Beijing.
Updating MPs on progress, the London mayor pledged to delive...More>
British athletics looks to have escaped a major cut in funding for the 2012 Olympics despite falling short of its medal target in Beijing. The leading Olympic sports were yest...More>
Tokyo 2016’s Bid to host the 2016 Olympic and Paralympic Games reached for the skies last Thursday as its Official Bid Partners, Japan Airlines (JAL) and All Nippon Airways (A...More>
Empty Olympic sports venues attracted more than a quarter of the visits made to Beijing's tourist spots during China's week-long National Day holiday.
Entries to tourism s...More>
British Olympic boxing has been given an overhaul ahead of London 2012 with the formation of a new "lead body".
Responsibility for coach Terry Edwards' successful team wil...More>
