The London Development Agency (LDA) began the process of selecting a masterplan design team to transform east London following the 2012 Olympic and Paralympic Games.

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.