Wembley in the ring to host 2012 boxing to save £15m

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Games chiefs are in talks with the international boxing federation to switch the 2012 competition from the ExCel centre in Docklands to Wembley, which hosted the 1948 Olympics. Under the plan, competitors would stay in local hotels and avoid the commute from the Olympic village in Stratford. The plan will be discussed by the Olympic board today and Wembley Arena's owners, Quintain, have been approached.

Games chiefs have been considering dropping a £40 million temporary arena next to the O2 Arena in Greenwich. They believe that by using Wembley instead they can save £15 million.