Government’s supermarket sweep to erase £79m shortfall

Sainsbury’s is in talks with the Government to help to plug a £79 million hole in the London 2012 elite athletes funding programme.

Pot plants for London Olympic medallists

To the victor, the laurels. Or rather, at the London 2012 Olympic Games, a pot plant.

Credit crunch hits 2012 London Olympics: MPs call for ‘Austerity’ Games

Olympics chiefs were yesterday urged to turn 2012 into an “austerity” games because of the economic crisis.

Tessa Jowell redecorates 5 times in 6 years to earn nickname ‘Two Desks’

Olympics minister Tessa Jowell has been branded “Two Desks” after running a pair of offices which have had a string of renovations.

Olympic village loses 600 flats in bid to cut bill

THE capacity of the Olympic village has been cut by a further 600 flats as 2012 chiefs struggle to contain costs.

£40m leisure pool for Olympic site to be axed

PLANS for a £40million leisure pool and fitness centre to be built in the Olympic Park are set to be scrapped due to financial pressures, the Evening Standard can reveal.

Olympics media centre cut back to rein in costs

Olympics chiefs have drastically scaled down the 2012 media centre in a bid to save up to £100million from the Games budget.

Taxpayers could foot whole bill for £1bn Olympic Village

Games chiefs have admitted they may be forced to nationalise the £1 billion Olympic village amid the current economic turmoil.