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- 9 Oct 08, 02:06 PM
It was only a matter of time before we started to see real evidence of the hitting the Olympics. Now we've got it.
The media and broadcast centre, usually a complex so huge that many of the 20,000 journalists who work there get lost on a regular basis, was supposed to become a centre for the creative arts in Hackney after 2012. There was even talk of Bollywood making its London base there.
But fears that 80% of the 1.3m sq ft complex will have to be scrapped after the Games because of cashflow problems.
It is becoming increasingly difficult to raise private cash for the Β£400m project.
Continue reading "Credit crisis could mean flat-pack Olympics"
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