Australian developer Lend Lease has issued a "short list" of architects who will be invited to work on different aspects of its £2.2 billion Olympic Village, one of the most important elements of the 2012 Olympic Games.

UK Construction costs will soar by almost £4bn as a result of the 2012 London Olympics the Taxpayers’ Alliance has warned. 

The London Development Agency (LDA) has now handed over the Olympic Park site to the Olympic Delivery Authority (ODA), on time and on budget, after completing one of the most complicated land assembly operations in modern time.

The demolition of a disused printworks in East London later this week will officially start the construction of the 2012 Olympic Stadium