Liverpool Football Club have revealed revised designs for their new £300 million stadium in Stanley Park.
Construction work for the 2012 London Olympics could be hindered by a "huge skills shortage" claimed a Liberal Democrat MP.
Just the day before the purchase went through for all the land necessary for the Olympic Park, MP Don Foster said a shortfall of skilled tradesmen could slow down building work.
He told MPs: "Britain is facing a huge skills shortage that could undermine the success of the Olympics."
Mr Foster, the LibDem culture spokesman, added: "We know that we need thousands more plumbers, electricians, bricklayers and many others."
He wondered: "What progress is being made to get the necessary training in place to make sure we have sufficient people with the skills so we're not held to ransom by unscrupulous contractors?"
London mayor Ken Livingstone yesterday praised the acquisition of the land for the Olympic Park and said that it had been completed "on time and on budget".
With demolition work set to commence now, Olympics minister Tessa Jowell sought to allay Mr Foster's fears.
She said there were schemes to provide local people with the skill to work on the project, while the goal was to train people to have high level of skills that would ensure the timely construction of the Olympic site.
Wales' construction boom has shown some signs of slowing down while still remaining strong and boosting construction jobs in the area, local newspaper Western Mail has reported.
Skilled workers and tradesmen are benefiting the most from the strength of the construction industry, with 29 per cent of respondents in the second quarter reported having difficulties in a recent survey, compared to 32 per cent in the first quarter.
This was in spite of the slight dip in growth in the Welsh industry.
Construction labour demand, on the other hand, is facing strong competition with increasing numbers of migrant workers from Eastern Europe, leading to slightly over half of surveyors expressing difficulties.
But confidence remains that the Welsh construction industry can only continue its recent trend given robust underlying fundamentals, with growth in the housing market and the wider economy.
"The immediate outlook for the construction industry is bright. The quarter's slight slowdown can be viewed as minimal because of last quarter's growth was so strong," said Cathy McLean, director of Rics Wales.
New major developments now underway such as St. David's 2 in Cardiff and the regeneration of Newport city centre are expected to make substantial contributions to the economy of Wales.
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