Work and Money

More than 200 businesses are being forced to vacate the proposed Olympic Park site by July 2007. But some smaller companies have complained that relocation is proving expensive and difficult.

The London Development Agency (LDA), which is managing the relocations, told BBC London that a few companies may even go out of business.

"So far, 92% of businesses have identified a relocation site or settlement route," said a spokesperson from the LDA.

"This has been a mammoth task which is now nearly complete. We have made every effort to be fair and exhaustive in helping these businesses. 

"However, there are some small firms like car breakers and skip-hire companies where it is difficult to find suitable alternative sites due to environmental and planning concerns."

Out in the cold

Bluefoot Foods, based near Clays Lane, has been struggling to find a new cold storage site for the past year. The company’s director, Julian Rosen, says that rents elsewhere are too expensive and suitable sites are too far outside central London.

He fears that if he can't find the funds to secure a new site in the coming weeks then he will lose his business.

The LDA provides compensation to cover relocation costs, or if a business is forced to close.

Watch his story and the LDA's response by clicking on the link above.

angela.saini@bbc.co.uk