Scores of small businesses have withdrawn their legal challenge to the organisers of the Olympics over planned road closures and security restrictions which they claim will put hundreds of jobs at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
- London's house price crisis revealed: Buying in the capital now costs TWELVE times the average wage
- George Gerges charged with being part of Sydney cocaine ring
- Humiliated robber is trapped in a leg lock and begs for ‘Daddy’ after attacking a woman in Brazil… unaware that she was a martial arts champion
Average house price in London is £300,000 - 12 times the average salaryData also shows that homes in the south east cost 10 times yearly ...
Buff Bondi socialite implicated in alleged Sydney cocaine ringGeorge Gerges was arrested on Wednesday as part of Strike Force MortiSupported in court by girlfriend, former ...
Humiliated robber is trapped in a leg lock and begs for ‘Daddy’ after attacking a woman in Brazil… unaware that she was a martial arts champion
Wesley Sousa de Araujo tried to attack Monique Bastos in western BrazilBut he hadn't counted on her being an MMA champion and blue belt fighterFootage ...
Cranberries singer 'too ill' to attend court: Dolores O'Riordan is receiving residential medical care following alleged air rage incident on New York flight
Cranberries frontwoman Dolores O'Riordan did not attend court this week Singer is facing four charges, including assault, after November incidentO'Riordan was arrested at Shannon Airport after ...
Tories break cover to demand Cameron offer sanctuary to desperate refugees as European leaders struggle to contain crisis
By Matt Chorley, Political Editor for MailOnline Published: 08:37 GMT, 3 September 2015 | Updated: 08:37 GMT, 3 September 2015 ...
ESPN reporter Dianna Russini was reporting on the Washington RedskinsAsked whether the team were thinking of dropping their quarterbackJessica McCloughan, wife of manager Scoty, then ...
China parades 12,000 troops and hundreds of tanks to mark Japan's WWII defeat… but locals are banned from watching
Hundreds of tanks and missiles rolled through Tiananmen Square in Beijing in an ostentatious display to the worldBut barricades were set up hundreds of metres ...
Brian Pagliano helped Clinton set up controversial email arrangementHas been told to appear before Congress's Benghazi committeeBut his lawyers said that he will plead the ...
The Core Maths course, launched this school term, is aimed at helping youngsters use maths in real life situations Ministers introduced the qualification in response to ...
Economists warn Corbynomics could be 'highly damaging' to Britain and would-be Labour leader's plans to renationalise industry could 'make things worse'
Jeremy Corbyn has also suggested printing more money to spend on public services and cutting tax relief for businesses55 economists warn against proposals in a ...