Britain's Olympic athletes, already hit by cost cuts last year, could face another round if the government changes hands.
Last December, as the recession started to dent the public purse, government funds to help UK athletes train for the 2012 London Olympics were cut back. And since then other budget-concious measures have crept into Olympic planning — boxers are having to cede ground to badminton players, for instance.
There were hopes that the cost-cutting was at an end. That's because the Labour Party cannot make further changes to the budget within a four-year window, which includes the 2012 games. But that may change next year if the country's ruling Labour party, battered by recent expense scandals, loses control of the government. A caveat in the funding contract allows changes should the government change. And Conservatives are widely expected to win a general election next year.
“If there is a change in government they could re-visit the funding allocation, but apart from that it is very unlikely to change in the run up to the London Olympics,” said Caroline Hale, communications manager at UK Sport, a government organization in charge of deploying the government's funding to the games, told CNBC.com.