2012 Sham?

It's a debate that's been going on since 2005 when Britain won the international competition to host the 2012 Olympic games. I for one agree with thousands that Britain simply can't afford to hold the games, and it is likely to look like an amateur school fete in comparison to Beijing's stunning - yet extortionate - display in 2008.

China spent a reported $44 billion hosting the games last year, whilst Britain's budget has already been pushed to an estimated $17.4 billion, $981.8 million of which has been spent on building the stadium alone.

I struggle to see the logic here, as surely a city with an existing stadium, the required free space and even half of the money needed to host the games would have been a much more practical winner.

Britain faces both future financial problems and the fear of another terrorist attack, not to mention the embarrassment of hosting a much less spectacular event than the previous years' - although let's face it, it was pretty much set to be a disaster when the 2012 logo was released.