Already going to "borrow" frequencies.
They've already said they're going to be "borrowing" part of one of the amateur radio bands - I think it was 70cm (430-440MHz).
UK regulator Ofcom has published a discussion document outlining how it intends to manage spectrum allocations during the London Olympics and Para Olympics in 2012, and on most cases it's business as usual. Ofcom admits there'll be an unprecedented demand for radio frequencies during the games, for everything from wireless …
Hmm - think I'll blow the dust off my big amplifier then - let's see who is the loudest. 2kW into a 24dB Yagi should make them think twice. This will be fun!
Maybe my friend with the moonbounce antenna will join in - just don't stand right in front of the beam, I've seen him kill pigeons with it.
I've not been able to find anything concrete regarding allocation for the 2012 games on 70cm's. If anyone can point me to documentation, I'd be really interested in reading it.
Personally I think that Ofcom have been salivating over the 70cm band for a long time and because of lack of use and the value of the band, the lions share will end up allocated to other non-Amateur services.
... after all, by the time they get around to publishing the real final cost of construction for the various sites (and relocating assorted newts) there will be so little cash left in the country that the only form of communication available will be combinations of plastic cups connected with a suitable length of string.