Rogge held a breakfast meeting in Dubrovnik with bid leaders from London, New York, Paris, Madrid and Moscow.

BBC: SPORT | Other Sport | Olympics 2012 | Rogge holds talks with bid rivals

The longer-term danger, which is no less acute for being unmeasurable, is that the young financier from Madrid, Manhattan or Mumbai will decide not to come to London in the first place.

ECONOMIST: Britain's budget

Meanwhile, Paris remains the favourite ahead of London, New York, Madrid and Moscow to get the go-ahead to host the Games from the IOC in Singapore on 6 July.

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