The security firm criticised for its handling of the London Olympics will bid to be involved in the Commonwealth Games in Glasgow next year. G4S will apply for one of the two aspects of event provision to be contracted out by Glasgow 2014- safety stewarding and security guarding.
Last year 3,500 military personnel were drafted in by the Government to assist with the security at London 2012 venues two weeks before the opening ceremony after G4S admitted it might not be able to provide enough guards.
Britain's most successful Olympian Sir Chris Hoy told ITV News the Commonwealth Games holds "some of the most memorable moments" in his career as the Glasgow 2014 baton started its trip around the world.
The retired cyclist said he wanted to compete in the 2014 Games in front of his home crowd but "eventually the body gives up".
He added: "For me, some of the most memorable moments in my career came at a Commonwealth Games, my first ever individual gold medal came in 2002 in Manchester and I also won a gold medal in Melbourne in 2006 and these were real highlights of my career."
The Queen has placed her private message to athletes inside the Glasgow 2014 Commonwealth Games baton, which is now set for a 120,000 miles trip around the world.
Standing in the shadow of Buckingham Palace and with the Duke of Edinburgh by her side the Queen sent her baton on its 248-day journey around 70 nations and territories.
It will travel through Asia, Oceania, Africa, North and South America, the Caribbean and Europe - leaving for India tomorrow - before arriving back in Scotland in June next year.
The monarch placed the unique hand-crafted baton made of titanium, wood and granite into the hands of sprint legend Allan Wells, winner of four Commonwealth Golds and the 100 metre Olympic sprint title at the 1980 Moscow Games.
Sir Chris Hoy has made a triumphant journey to Buckingham Palace carrying the Commonwealth Games baton ahead of the start of the sporting event's global relay.
Britain's most successful Olympian was given the honour of processing the symbol of Glasgow 2014 down The Mall before the Queen launches the baton on its epic trip.
The cyclist, who has retired from competitive racing after winning a clutch of Olympic, World and Commonwealth titles, was joined by the Pipes and Drums 1st Battalion Scots Guards and the Pipes and Drums 1st Battalion the Royal Regiment of Scotland (Royal Scots Borderers).
The Queen has written a message to athletes of the Commonwealth to mark the start of a baton relay around all its nations and territories before the Glasgow 2014 Games.
The note will be placed inside a specially made baton at Buckingham Palace today before it starts a 248-day journey around 70 nations and territories.
Her majesty wrote the note during her summer stay at Balmoral - but the contents will remain a secret until the Queen reads it aloud at the opening ceremony of the Games at Celtic Park on July 23 next year.
Around 800 people are being sought for jobs at next year's Commonwealth Games.
Glasgow 2014 created 1,400 vacancies and 450 different roles to ensure the event runs as smoothly as possible and hope to fill them by early next year.
Search recruitment has already filled almost half the roles and is launching a drive to find people to work in jobs such as managing and maintaining venues, recording and collating results, staffing the international press centre and overseeing travel arrangements athletes.
Clyde, the Glasgow 2014 mascot, will join Search on a 'jobs bus' in Glasgow today as staff advise people how to apply for the jobs.