Scores of small businesses have withdrawn their legal challenge to the organisers of the Olympics over planned road closures and security restrictions which they claim will put hundreds of jobs at risk.
Test cases were due to be launched at the High Court in London today, with affected business leaders in Hackney, east London, saying companies could collapse.
A legal spokesman for the businesses said they had to withdraw because "of lack of time" and because the businesses could not compete with the "bottomless pockets and blank cheque books" of the Olympic Delivery Authority.
About 50 businesses employing hundreds of people are affected and range from transport firms to printers, cafes, garages and retailers.
Headlines Newsview all
Amanda Holden at the centre of Twitter backlash as she sends daughter to school dressed as Pretty Woman prostitute for fancy dress day
A parenting group has slammed TV star Amanda Holden for posting a picture of her nine-year-old daughter 'dressed as a prostitute' online.The Britain's Got Talent ... Full story
Grandmother filmed confronting militants and branding them 'devils' before quoting verses in the Koran that forbid slaughter
An incredible video has emerged showing the moment an elderly woman bravely confronted two Islamic State militants, telling them their terror group is cursed and ... Full story
Jobseeker shocked to be sent rudest rejection email ever calling him an 'old, aesthetically challenged professional pr*** with no teeth'
A jobseeker was shocked after he was branded as 'irritating', 'rude' and 'obnoxious' in a cutting email accidentally sent to him by a prospective employer.James ... Full story
Rate this article
MOST POPULAR ON CAPITALBAY
- David Ospina is now in the shop window and his price has just gone up with Copa display - five things we learned from Argentina vs Colombia
- Thomson and First Choice cancel all Tunisian holidays as airlift of fleeing British tourists begins
- China 0-1 USA: Carli Lloyd seals semi-final showdown with Germany
Thomson and First Choice have cancelled flights to Tunisia this weekTravel agents will evacuate as many as 2,500 Brits from Tunisia todayAnyone on Thomas ...
Aown Dogar fell into the murky river near Donnington Bridge in OxfordCould not be dragged out by rescue crews who were called around 7pm Described as ...
Surf’s up! Boardriders take on the biggest waves in years off at remote Western Australian break churned up by massive offshore storm
Surfers in Western Australia gathered to brave treacherous conditions after a storm produced the 'swell of a decade'The massive swell is a result of strong ...
Iggy Azalea met 39-year-old Maurice Williams, aka Hefe Wine, when she was a vulnerable 17-year-old 'fresh off the bus' from AustraliaWilliams claims that Azalea gave ...
Teenage boy arrested after police discover list of people he wanted to killThe list reportedly was of people who he planned to behead in an ...
Suspected car thief stripped naked and 'jumped from roof to roof' to escape police sniffer dog... but it caught is when witnesses notice nude man acting strangely
Two men were spotted driving a stolen vehicle in Mount Lawley, PerthPolice allege they crashed the car into a fence and fled the scene Officers deployed ...
ANZ rejects human rights commissioner's recommendation to apologise to a man after company refused to hire him for his armed robbery offence
Gillian Triggs handed down her recommendations to ANZ in MarchThe report was into discrimination in employment based on criminal recordIt reveals that a man, Mr ...
No windows or walls, and barely enough room to lie down: Remarkable pictures reveal the cramped conditions inside Tokyo's infamous 'shoebox' hotels
By Daniel Piotrowski for Daily Mail Australia Published: 02:15 GMT, 27 June 2015 | Updated: 07:24 GMT, 27 June 2015 ...
By Michael Burleigh for the Daily Mail Published: 21:00 GMT, 26 June 2015 | Updated: 07:15 GMT, 27 June 2015 ...
Does your summer look like this? How the Rich Kids of Instagram are spending their holidays... from road trips in luxury cars to sunbathing on million-dollar yachts
These unapologetically rich teens are celebrating their summers in styleThey have all documented their self-indulgent experiences on InstagramThese include flying to lavish holiday resorts via ...