London businesses fear Olympic queues

Posted at Jul 03 2012 04:31 PM | Updated as of Jul 04 2012 12:31 AM

MANILA, Philippines – With the London 2012 Olympic Games just a few weeks away, the threat of transport chaos and long lines is worrying London businesses.

‘Olympic only’ lanes are reserved for dignitaries and athletes, and everyone else must fend for themselves.

This, according to Bun Munn of land consultants CBRE, is bad for business.

For months, Olympic organizers have been advising Londoners and commuters to walk or cycle during the Games, as even catching a bus could be a problem.

Moreover, many of the largest banks are on the main routes to and from the Olympic site, and thousands of bankers are expected to stay away from the capital during the Games.

Even the UK treasury is not taking any chances as it has cancelled all bond sales during the Olympics. -- Mornings @ ANC, July 3, 2012