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LONDON (AP) _ The 2012 London Olympics will produce the greatest long-term benefits of any host city since the 1992 Barcelona Games, Mayor Ken Livingstone said Tuesday at the start of a key IOC inspection visit. Organizers focused on the redevelopment legacy of the Olympic Park in east London in their opening meetings with the International Olympic Committee's coordination commission. After the Games, 9,000 houses will be built in or around the park as part of a 20-year ...

GENEVA (AP) _ Britain's hopes of qualifying for the basketball tournament at the 2012 London Olympics are in jeopardy because of a dispute between national authorities and the sport's world governing body. FIBA, the international basketball federation, said Wednesday it will suspend all of the British team's English players as of June 15 because British sporting authorities are withholding funds for the program. The move puts a major dent in Britain's efforts to qualify for the Olympics, because the ...

LONDON (AP) _ The overall cost of staging the 2012 London Olympics was set at more than nine billion pounds (C$20.5 billion) Thursday by the British government, three times the original estimate. After months of media reports of soaring costs, Olympics Minister Tessa Jowell announced in parliament that the final budget was 9.325 billion pounds (C$21.1 billion). The total includes 5.3 billion pounds (C$12.1 billion) for construction of venues and ...

A smaller aquatics centre is planned for the 2012 Olympics in an effort to cut spiraling costs. The original project had threatened to double its US$142.5 million budget, so Olympics minister Tessa Jowell instructed architect Zaha Hadid to come up with a cheaper and less ambitious design. London 2012 chairman Sebastian Coe said Monday the cost of the scaled-down venue, which will host swimming and diving events but not water ...

The 2012 London Olympics will make a profit despite a 40 per cent increase in the projected overall cost, Mayor Ken Livingstone said Wednesday. Livingstone said costs overruns were ``inevitable.'' Olympics Minister Tessa Jowell said Tuesday that infrastructure costs had risen by 900 million pounds (C$1.98 billion) from the amount quoted in the bid. The final budget hasn't been formulated yet, but some British lawmakers have speculated the total cost ...

Organizers of the 2012 London Olympics visited Barcelona on Thursday to see how the Spanish city was transformed by hosting the 1992 Games. ``We have come to Barcelona to look and learn,'' Olympics Minister Tessa Jowell said in a statement. ``What they have achieved continues to inspire us and to prove that hosting the Games really can change a city and a country for the better.'' Jowell, London organizing committee ...

The budget for the 2012 London Olympics will be ``significantly higher'' than originally quoted because of increased costs of security, regeneration and contingency plans. The original budget called for 2.38 billion pounds ($5.12 billion Cdn), but Olympic officials reviewed the cost of the Games after London won the right to host the event in July 2005. Olympic Delivery Authority acting chairman Roy McNulty said Wednesday he hoped a new budget ...

The 2012 London Olympics will be a ``huge target'' for possible attack if the terrorist threat level remains as high as it is now, London's police commissioner said. Police are already working on detailed security plans for the Summer Games, Metropolitan Police Commissioner Ian Blair said Thursday. Blair said a new assistant commissioner would be appointed to handle security for the Olympics, which officials are touting as an opportunity to revitalize poor areas of the capital. ``There can be ...

A prominent American sports architectural firm was picked Friday to design the main Olympic stadium for the 2012 Summer Games in London. HOK Sport, which has designed dozens of major league baseball parks across the United States, is part of the Team McAlpine Consortium picked to deliver the showpiece venue for the games. The Kansas City-based firm will design the 80,000-seat stadium to host Olympic track and field events and ...

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