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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 拢400m project.