London mayor Boris Johnson has been criticised for relaxing City Hall's spending rules.
London is already outperforming the rest of the UK in educational standards but Boris wants to make the capital's schools world class.
Olympic star Mo Farah and Boris Johnson visited a school in the capital to demand changes in policy to help tackle physical inactivity.
London Mayor Boris Johnson says that even though London schools have improved, they need to get even better to compete with the ever improving standards around the world.
Lord Mayor Boris Johnson is visiting an academy in Pimlico today, after announcing he wants to see more free schools at the Conservative Party Conference.
The Mayor says he has plans to unveil which will make the capital a world leader in education.
Mayor Boris Johnson and Gold medallist Mo Farah have launched a campaign to get children active.
Speaking to LBC 97.3 radio presenter, Nick Ferrari, Mr Johnson said trade was "patchy", but claimed the Games were "overwhelmingly for the benefit of the city". He added:
If you look at the spend by tourists in the city, it was up overall. The economic impact of the Games is estimated to be massively positive.
Boris Johnson has apologised to London businesses whose trade was hit by the Olympics.
The mayor denied claims the capital became a "ghost town" during the summer spectacle, but admitted tills failed to ring in some shops after figures showed trade dipped in parts of the city.
He told LBC 97.3 radio: "I'm not going to pretend it was a bonanza for everybody and for those that feel hard done by I'm sorry for the losses or low takings they had.
"But the overall economic benefit to London of people around the world seeing a city that can deliver an amazing event like that so successfully was incredibly positive."
London Mayor Boris Johnson chairs his first London Legacy Development Corporation meeting. The meeting at City Hall follows the Mayor's decision to remove Daniel Moylan earlier this month. Mr Johnson says the success of the Olympic Park depends on "creative thinking".
The Mayor claims E20 will be a fashionable postcode. LLDC signs a co-operation deal with Sochi 2014 and Boris asks if it will mean freebies to the fleshpots of Sochi? The answer is no. Boris Johnson says he is "not wedded to football" in the Olympic Stadium.
The LLDC then meets in a closed session and the press and public are excluded.The Mayor calls it the "politburo".
London Mayor Boris Johnson has become involved in the row about the government's chief whip Andrew Mitchell and police officers guarding Downing Street.
Mr Johnson has backed the police officers who threatened to arrest Mr Mitchell.
The Mayor was speaking after a leak of the official police log of the encounter between the politician and the police.
Mr Mitchell has apologised for his outburst but denies using the words being quoted.
This report from our Political Correspondent Simon Harris.