Chancellor John Healey will announce a £7 million fund in his first Budget to explore a potential Olympic bid for northern England. The study aims to assess the feasibility of hosting the Games in the North in the 2040s. Prime Minister Andy Burnham supports the initiative, emphasizing the potential to bring excitement to local communities.

The feasibility study will involve UK Sport, the Northern Mayors, and associations like the British Olympic and Paralympic Associations. It will examine potential venues, transport links, and community benefits. Healey highlights the lasting legacy of hosting such an event, referencing the success of London 2012. Read more racing coverage.

While the British Olympic Association and ParalympicsGB welcome the funding, concerns about costs and economic impact have been raised. Conservative shadow sports minister Louie French calls for careful scrutiny of the financial implications, suggesting the funds could be better used to reduce everyday costs. Related: Helsinki to Host 2030 European Athletics Championships for Fourth Time.

This original Runner World brief is based on reporting from Athletics Weekly. Visit the source for its complete reporting, context and any later corrections.